Editor’s Pick

Attending my undergraduate degree in the early 1980s, there was a big focus on gross domestic product (GDP) per capita. This meant economists took out the often-large stimulus from a rising population, and analysis was done over the population of the day. continue…

by David Buckland Posted in Editor's Pick, Market commentary.

• 2 Comments
• save this article
• POSTED IN Editor's Pick, Market commentary

In this week’s video insight, I delve into the highlights of the February reporting season and its unexpected outcomes, a key period for those of us monitoring the Australian equity market. Despite a challenging economic backdrop, a noteworthy number of companies have outperformed expectations, bolstering my optimistic view on the potential of quality, innovative companies. As the season concludes, I offer my insights on the unexpected turns and the bright prospects for equity investors, reaffirming my bullish stance for the future.  continue…

by Roger Montgomery Posted in Companies, Editor's Pick, Market commentary, Video Insights.

• watch video
• save this article
• POSTED IN Companies, Editor's Pick, Market commentary, Video Insights

As we sift through the results from our companies over the first reporting season of the year, we watch with great interest as the market is reminded that company fundamental results still matter. We have seen macroeconomic speculation influencing market returns and share prices significantly over the last 18 months, rather than, in some cases, consideration for the fundamental changes occurring within some companies at a base level.   continue…

by Michael Gollagher Posted in Companies, Editor's Pick, Stocks We Like.

• 2 Comments
• save this article
• POSTED IN Companies, Editor's Pick, Stocks We Like

In the past 23 years, the U.S. has produced one budget surplus (fiscal 2001) and 22 budget deficits. The past four budget deficits, from fiscal 2020 to fiscal 2023, inclusively have seen an aggregate budget deficit of $9.0 trillion and an average annual budget deficit of U.S.$2.25 trillion.    continue…

by David Buckland Posted in Editor's Pick, Market commentary.

• 2 Comments
• save this article
• POSTED IN Editor's Pick, Market commentary

There’s no fundamental reason for bitcoin to rise other than it is becoming more popular. But as we all know, a shift in sentiment, while usually unpredictable, can have a meaningful impact on the listed price of an asset. continue…

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

• save this article
• POSTED IN Editor's Pick, Global markets, Market commentary

Transurban (ASX:TCL) reported its first half of FY24 results on the 8^th of February, sharing its financial results and operational insights. The report revealed significant growth in earnings and an estimated FY24 distribution of 62 cents per share which represents approximately 7 per cent growth on FY23. continue…

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

• save this article
• POSTED IN Companies, Editor's Pick, Stocks We Like

Until recently, China’s decelerating inflation was welcomed by the West, as it led to lower imported prices and helped reduce inflationary pressures. However, China’s consumer prices fell for the third consecutive month in December 2023, delaying the expected rebound in economic activity following the lifting of COVID-19 controls. For calendar year 2023, CPI growth was negligible, whilst the producer price index declined by 3.0 per cent. continue…

by David Buckland Posted in Economics, Editor's Pick, Global markets.

• 2 Comments
• save this article
• POSTED IN Economics, Editor's Pick, Global markets

I recently wrote about my two big forecasts for 2024. One was that private credit would gain traction as an important asset class and would also feature more prominently in advised portfolios, especially for those seeking uncorrelated returns, lower volatility, and regular attractive income. I also stuck my neck on the block and suggested that if disinflation and positive economic growth dominate the economic backdrop, investors will adopt more risk and buy select small-cap stocks, closing the gap that emerged in 2023 between them and the mega-cap technology companies. continue…

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

• 4 Comments
• save this article
• POSTED IN Editor's Pick, Market commentary

The price of uranium has jumped from U.S.$20/lb. in January 2018 to U.S.$40/lb in January 2022 to U.S.$90/lb in January 2024. Boss Energy (ASX: BOE), with its strategic market position and two significant projects, is poised to capitalise on this upward trajectory. continue…

by David Buckland Posted in Companies, Editor's Pick, Stocks We Like.

• 2 Comments
• save this article
• POSTED IN Companies, Editor's Pick, Stocks We Like

As we kick off another year of investing, I thought I would offer a couple of predictions. They come thick and fast at this time of year, so rely on them as you might dental floss for security when rock climbing.

continue…

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

• save this article
• POSTED IN Editor's Pick, Market commentary