Market commentary

When Warren Buffett was asked to distil the essence of investing success, he offered the following:

“Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, 10 and 20 years from now. Over time, you will find only a few companies that meet these standards – so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.” continue…

by Roger Montgomery Posted in Investing Education, Market commentary.

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An examination of asset class returns over the last twelve months, including residential property in various capital cities, reveals Bitcoin’s superior performance. continue…

by Roger Montgomery Posted in Market commentary.

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In what some have described as a ‘dramatic’ 218-214 vote, the U.S. House narrowly passed President Trump’s US$3.4 trillion “Big Beautiful Bill Act,” a nearly 900-page tax-and-spending package that does mark a major victory for Trump and GOP (Republican Party) leaders. continue…

by Roger Montgomery Posted in Global markets, Market commentary.

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The race to lead in artificial intelligence (AI) feels like a modern gold rush, but instead of more power or better performance, the latest race is for people – brilliant minds. continue…

by Roger Montgomery Posted in Market commentary.

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Stepping back from the tidal wave of Trump’s pronouncements, backtracks and absurdly weak understanding of basic arithmetic (“egg prices have fallen 400 per cent!”), today’s investing environment is one of the most dynamic in recent history, shaped by transformative technological advancements, the threat of war, dynamic and unpredictable economic policies, and evolving investor behaviours. From the disruptive potential of artificial intelligence (AI) to the resurgence of retail investing and the spectre of market bubbles, the current landscape demands a little reflection. continue…

by Roger Montgomery Posted in Market commentary.

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The Magnificent Seven; Alphabet (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA), which rose by an average 111 per cent over calendar 2023, continued its strong upward trajectory, increasing a further 63 per cent, on average, over calendar year 2024. continue…

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

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Keeping an eye on the condition of the U.S. economy is necessary for international equity investing, as changes will ultimately influence whether rates are cut. One recent data point suggests another sector of the economy there is slowing. continue…

by Roger Montgomery Posted in Market commentary.

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With all the chaos unfolding, unwinding and unfolding again in the Middle East, it’s easy to forget the bigger battle – the one for democracy in the U.S. – is still being waged. Back in early April, during the chaos of the tariff war-induced market turmoil, Donald Trump issued an executive order headed: “Maintaining Acceptable Water Pressure in Showerheads.” continue…

by Roger Montgomery Posted in Global markets, Market commentary.

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The latest data out of China reveals the country is sliding deeper into deflation. In May 2025, consumer prices fell 0.1 per cent year-on-year, the fourth consecutive monthly decline, while producer prices plunged 3.3 per cent – the steepest drop since mid-2023. continue…

by Roger Montgomery Posted in Foreign Currency, Market commentary.

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Yesterday, I joined Paul Turton on ABC Newcastle Mornings to unpack the recent developments in the Middle East and their implications for global markets, with a specific focus on stock performance and oil prices. continue…

by Roger Montgomery Posted in Market commentary, Radio.

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