Editor’s Pick

Why do we have a housing crisis? We’re told it’s because there isn’t enough housing, so the price to purchase or rent is too high for young people. There’s no denying the truth of those two answers. One might, however, choose to dig a little deeper: Why do we not have enough houses in Australia, and why are prices so high? continue…

by Roger Montgomery Posted in Economics, Editor's Pick.

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This article was first published in The Australian on 30 March 2013.

Back in 2013, Wesfarmers (ASX:WES) chairman and head of a business council panel on the decline of value-adding and manufacturing in Australia Bob Every described Australia as a mere “quarry”. continue…

by Roger Montgomery Posted in Economics, Editor's Pick.

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Since 2022, we have predicted that small cap stocks, especially those representing innovative businesses with pricing power, would do well in an environment of disinflation and positive economic growth.  continue…

by Roger Montgomery Posted in Editor's Pick, Small Caps.

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One of the most frequently asked questions by investors following Trump’s election victory is: what sectors will do well? While much remains unknowable about Trump’s second term, his “promises made, promises kept” statement during his victory speech suggests not all is a mystery.  continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Market commentary.

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As the world watches the U.S. vote, it turns the page on a new and arguably uncertain chapter. I have just read a startling essay about Donald Trump’s character. One marvels at Americans’ willingness to vote for such a person as President. continue…

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

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Famed 20^th-century British author Gilbert Chesterton (1874-1936) once observed, “The poor have sometimes objected to being governed badly. The rich have always objected to being governed at all.” continue…

by Roger Montgomery Posted in Economics, Editor's Pick.

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If you spend enough time embedded in the world of equities and markets, you eventually see it all. Acknowledging the generations of investors before my generation, I am sure there is still more to see and experience. But from the 33-odd years I have been doing this, I like to think there’s a few things I am now able to recognise. continue…

by Roger Montgomery Posted in Editor's Pick, Technology & Telecommunications.

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Nick Scali (ASX:NCK) released a trading update along with first half earnings guidance. Most analysts conclude that the update was a downgrade to the first-half consensus net profit after tax (NPAT); longer-term investors will look beyond the short-term effects of higher freight charges. continue…

by Roger Montgomery Posted in Companies, Editor's Pick, Small Caps, Stocks We Like.

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It was, for example, wise to be alert to the possibility of a large move lower if volatility emerged after a long rally. And while it has been my experience that volatility does indeed cluster around major turning points, it’s possible I only remember what I want to. continue…

by Roger Montgomery Posted in Editor's Pick, In the Press, Market commentary.

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A portrait of Australia’s biggest issues in eight charts. Why eight? – it’s a lucky number of course!

I have put together a concise snapshot of the complex economic challenges shaping Australia today.

continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Property.

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• POSTED IN Economics, Editor's Pick, Property