Economics

While the world tries to guess when the Federal Reserve will increase interest rates, we thought one of the more eloquent illustrations of the conundrum facing central banks is a recent speech by Andrew Haldane, the Chief Economist of the Bank of England. The speech is aptly entitled, Stuck. continue…

by Ben MacNevin Posted in Economics, Insightful Insights.

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For a firm to grow in value, it must earn returns in excess of its cost of capital. Typically we expect that firms will achieve this by developing a competitive advantage difficult to replicate by competitors and exploiting said advantage for all it’s worth. But what if the firm has no competitive advantage? continue…

by Scott Shuttleworth Posted in Economics, Insightful Insights.

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In this interview with Ross Greenwood on 2GB Money News, Roger talks with Ross about the leadership changes, what conditions we need for economic growth for Australia and shares his views on supporting small business.

Click here to listen to the radio clip.

You can listen to any of Roger’s radio interviews through browsing our media library, listen to more clips here.

by Roger Montgomery Posted in Economics, Insightful Insights, Market commentary.

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Freelancer shares (not owned by Montgomery) entered a trading halt last week, pending an announcement. While we were aware of the reason for the halt, not all market participants were, so we were unable to discuss this issue with you at the time. continue…

by Roger Montgomery Posted in Economics, Insightful Insights.

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We warned you about the Chinese stock market before it’s correction and we have been warning you, for many years, about the price of iron ore falling back to $40/tonne. There have also been many other alerts and insights here on the blog. Today’s is a less tangible, but it is no less important. Indeed, its impact on your portfolio could be much more significant and longer-lasting. continue…

by Roger Montgomery Posted in Economics, Insightful Insights.

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Our friends at CITI hosted a conference call on Monday with Citi Chief Economist Willem Buiter joined by George Papandreou, the former Greek Prime Minister; Filippos Sachinidis, the former Greek Finance Minister; Jose Barroso, the former President of the European Commission and the former Prime Minister of Portugal. continue…

by David Buckland Posted in Economics, Foreign Currency.

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By now you should have heard about the rout that is occurring in China’s stock market. One critical factor which you may not be aware of is the exposure of Chinese companies to the market. And we’re not talking about a listed company’s share price decline here. continue…

by Ben MacNevin Posted in Economics, Foreign Currency, Insightful Insights.

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As Fiscal 2015 draws to a close and Greece defaults on its debt repayments, let’s take a look at the year that was. The Australian market, excluding reinvestment of dividends, has continued to trade sideways, up 1.3 per cent from 5,382 to 5,451. continue…

by David Buckland Posted in Economics, Global markets.

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In its June decision to leave cash rates unchanged at an historical low of 2 per cent, the Reserve Bank of Australia’s cautious post-announcement comments appear at odds with a government intent on record investment in infrastructure. continue…

by Ben MacNevin Posted in Economics, Insightful Insights.

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We know economists have an unenviable task and can make sheep look like independent thinkers, but their ‘miss’ at the weekend in Canada stands out more for the warning it represents for Australia. continue…

by Roger Montgomery Posted in Economics, Foreign Currency, Insightful Insights.

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