Market commentary
-
Don’t get too comfortable: Bridgewater says there’s more pain ahead
Roger Montgomery
November 8, 2022
With U.S. and Australian equities having fallen for almost a year, many investors are starting to wonder if this bear market is coming to an end. After all, the average length of a bear market is 9.5 months, according to Investopedia. So, we’re getting close, right? Apparently not, say the analysts at Bridgewater Associates, the giant hedge fund started by Ray Dalio. continue…
by Roger Montgomery Posted in Editor's Pick, Global markets, Market commentary.
-
If history is our guide, then now is a great time to invest
Roger Montgomery
November 4, 2022
With stock markets – and most share prices – well off their highs, there’s plenty of historical data to suggest that now is an excellent time to invest. That’s because bull markets always follow bear markets. Thus, investors who buy shares in high quality companies today will not only benefit from the earnings growth produced by these businesses, but also from their re-rating to higher price-to-earnings ratios when markets recover. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Could the strengthening USD trigger a financial crisis?
Roger Montgomery
October 25, 2022
Dysfunction, disorderly, crisis, financial shock. These are not the words investors want to hear, but they are increasingly on the minds of some economists, analysts and investors. So, what factors have led to such a negative outlook? continue…
by Roger Montgomery Posted in Editor's Pick, Market commentary.
- save this article
- POSTED IN Editor's Pick, Market commentary
-
Why I still prefer equities to bonds
Roger Montgomery
October 24, 2022
When markets are volatile – as they are right now – we start hearing more and more from commentators talking up the benefits of holding bonds in a portfolio. After all, bonds are regarded as safer and more stable than equities. But if you look at long-term returns, another picture emerges. continue…
by Roger Montgomery Posted in Investing Education, Market commentary.
-
Aura Private Credit: Letter to investors 21 October 2022
Brett Craig
October 21, 2022
This week’s insights are focused on the RBA’s minutes released earlier in the week. The RBA has identified additional considerations being made that will influence their future rate decisions, with a hint of a slow down in rate rises. continue…
by Brett Craig Posted in Aura Group, Market commentary.
- save this article
- POSTED IN Aura Group, Market commentary
-
WHITEPAPER
INTEREST RATES, THE BEST IT GETS. IT’S TIME TO DEPLOY CASH
Curious about the investment landscape in 2024? It appears that the current market offers a plethora of enticing opportunities for investors, a rarity not experienced since pre-pandemic times. This unique scenario stems from a confluence of factors, including elevated yields and comparatively rational equity valuations.
READ HERE -
What will roar when the USD eventually reverses?
Roger Montgomery
October 20, 2022
There is no question, as a consequence of the pandemic central banks employed radical unconventional monetary policy, alongside equally radical fiscal policy. In an ideal world, there would be no consequences, however every action must have a reaction. The reaction, with a substantial lag, of course, is inflation. continue…
by Roger Montgomery Posted in Global markets, Market commentary.
-
Rising rates are crimping US and Aussie spending power
Roger Montgomery
October 18, 2022
Rising interest rates in Australia and the U.S. are having a profound effect on discretionary spending and housing markets. In Australia, they’re also adding to mortgage stress. According to Roy Morgan research, 942,000 Australians are experiencing mortgage stress, and that figure will rise if rates keep heading north. The good news for investors is that equity markets usually bottom when the times are at their toughest. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Are inflationary pressures heading in the right direction?
David Buckland
October 17, 2022
On the back of exiting the COVID-19 pandemic and the Russia-Ukraine war, inflation has been rearing its ugly head and in the case of many developed economies it is growing at the highest level since September 1981, when U.S. ten-year Government bonds yields challenged 16 per cent. continue…
by David Buckland Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Why it might be time to be greedy once more
Roger Montgomery
October 12, 2022
Currently, price-to-earnings ratios are at levels unseen since the 2020 COVID sell-off and the Global Financial Crisis. Many quality companies are now ‘on sale’. This is creating an ideal environment for judicious investors to take advantage of mis-priced businesses. continue…
by Roger Montgomery Posted in Market commentary.
- 2 Comments
- save this article
- POSTED IN Market commentary
-
Why I think inflation is heading in the right direction
Roger Montgomery
October 12, 2022
With stocks on the rocks, everyone I bump into understandably wants to know if it’s a good time to buy equities – the lure of buying at the bottom is just too great for many to resist. Of course, I don’t have a crystal ball, but there are signs that inflation is heading in the right direction. And, if central banks stop hiking rates, then I think conditions could be ripe for the market to rebound. continue…
by Roger Montgomery Posted in Editor's Pick, Market commentary.
- save this article
- POSTED IN Editor's Pick, Market commentary
