Market commentary

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.

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

We first published this blog back in August, but that might have been a little premature. With the U.S. voting for their next president in 24 hours, we think publishing today is more timely. Enjoy. 

While the U.S. presidential campaign is entertaining to watch from afar (and more than a little disturbing this time around), spare a thought for our friends in the U.S. who have to sort through the rhetoric, lies, and assassination attempts to select their leader for the next four years. continue…

by Roger Montgomery Posted in Global markets, Market commentary.

• save this article
• POSTED IN Global markets, Market commentary

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.

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

It’s fascinating to read about the latest prognostications of those who manage billions of dollars of their own or others’ money.

I guess I must be a bit of a collector because I like to make lists of their comments for no other reason than to admire them against one another.

continue…

by Roger Montgomery Posted in Market commentary.

• save this article
• POSTED IN Market commentary

My prediction, for what it is worth, remains that small-caps should outperform their large-cap brethren, and conditions appear supportive for the share prices of innovative companies with pricing power and growth until the beginning of 2026. continue…

by Roger Montgomery Posted in Market commentary.

• save this article
• POSTED IN Market commentary

With 41 per cent of S&P 500 companies having reported their actual results as of Friday, the tally so far appears to be more optimistic than anticipated. Here’s a breakdown of the scorecard so far, as presented by Factset. 

The earnings season has kicked off with a robust start:  continue…

by Roger Montgomery Posted in Global markets, Market commentary.

• save this article
• POSTED IN Global markets, Market commentary

In July last year, here at the blog, I noted the AI bubble could only become a bona-fide boom if AI is monetised.  

Back then I noted Google’s (NASDAQ:GOOG) “significant strides in the integration and security of artificial intelligence (AI) in their products and services” and Meta’s (NASDAQ:META) plans to incorporate AI text, image, and video generators into Facebook and Instagram, allowing customers to modify their own photos using text prompts and share them on Instagram stories weren’t meaningful in terms of generating additional revenue from existing users. Sure, they might assist users, enhance their experience, and be entertaining, but would they be meaningful enough for users and advertisers to be willing to pay more? The jury was out.  continue…

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

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

Doom-and-gloomers, of which there are many, are the Henny Pennys of the financial world; those who constantly fear the sky will fall in, so warn others of its imminent inevitability. Are there any worth listening to? Perhaps we have found one.  continue…

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

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

On Monday, the S&P/ASX 200 Index reached a new all-time high, crossing the illustrious 8,000-point mark. For anyone closely tracking Australian equity markets over the last year, particularly those for large caps (notably the ASX 100 and ASX 200 indices), this may not come at a surprise. In fact, the S&P/ASX 300 Accumulation Index, which is most commonly used as a proxy for the broader Australian equity market, boasted a 12 per cent return for fiscal year 2024.   continue…

by Dean Curnow Posted in Market commentary.

• save this article
• POSTED IN Market commentary

In what is perhaps a case of tail wagging the dog, a plunge in electric vehicle (EV) sales in Europe is causing at least one government there to revise the dates by which automotive manufacturers must transition to manufacturing only EVs. continue…

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

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