Monthly Archives: November 2022

With stock markets – and most share prices – well off their highs, there’s plenty of historical data to suggest that now is an excellent time to invest. That’s because bull markets always follow bear markets. Thus, investors who buy shares in high quality companies today will not only benefit from the earnings growth produced by these businesses, but also from their re-rating to higher price-to-earnings ratios when markets recover. Continue…

by Roger Montgomery Posted in Market commentary.

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Roger joined Philip Clark on ABC Nightlife to discuss the factors making investors feel anxious in the current climate. Interest rates will be rising for the foreseeable future and the Reserve Bank of Australia governor, Philip Lowe, said the RBA will not hesitate in making higher increases than predicted if inflation does not begin to drop. Expectations are for the U.S. Federal Reserve to impose another interest rate rise of 0.75 percentage points at their meeting this Wednesday. For investors, Roger and Phil discuss timeless investment lessons learnt over the years, including why sustained market success comes from thinking like the owner of a business.

Why investors need to get back to basics when it comes to investing:
Listen to the podcast here: ABC Nightlife 1 November 2022

by Roger Montgomery Posted in Radio.

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How quickly the tables have turned. Although equity markets are in the doldrums, they’ve bounced strongly since a few U.S. Federal Reserve officials intimated that the pace of rate rises could soon moderate. But there’s another issue that’s possibly even more important for long-term investors: quantitative tightening. Since the Fed began to shrink the size of its balance sheet, share markets have collapsed and demand for ‘safe’ assets such as long dated treasuries has surged. Continue…

by Roger Montgomery Posted in Editor's Pick, Global markets.

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The recent data breaches affecting millions of Optus and Medibank customers are just the tip of a large, and growing, iceberg. No surprise then that demand for security software is growing exponentially, as is the list of businesses ready to meet that demand. Continue…

by Roger Montgomery Posted in Companies.

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