Market commentary
-
Trump’s Big Beautiful Bill
Roger Montgomery
June 10, 2025
Last month, the United States House of Representatives passed Donald Trump’s absurdly named “One Big Beautiful Bill Act,” a 1,038-page legislative juggernaut championed to deliver on campaign promises including “a hodgepodge of controversial tax breaks for the wealthy, spending reductions and increased work requirements for food aid and Medicaid programs and huge funding increases for President Trump’s mass migrant removal program…”, according to The Hill News. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Keep an eye on developments in the U.S. economy
Roger Montgomery
June 6, 2025
Most of the time, you can ignore monthly economic data – it rarely, if ever, changes trends in markets. But with Trump fiscal profligate ways, a huge global debt refinancing event coming in 2026/27 and threats to democracy itself, it probably now pays to keep a closer eye on how the U.S. economy is faring. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
A little perspective on sentiment
Roger Montgomery
June 4, 2025
With Donald Trump deliberately flooding the media with daily, if not hourly, meme-worthy pronouncements, investors are understandably bereft of an opportunity to sit back and take stock of what’s been happening in markets so far. This is that opportunity. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
The new narrative – navigating the bond market storm
Roger Montgomery
May 28, 2025
The bond market is currently grappling with significant turbulence, driven by a confluence of fiscal, monetary, and geopolitical factors. Investors are shying away from bonds, particularly U.S. Treasurys, as yields climb and uncertainty mounts. This article explores what’s happening in the bond market, why it’s occurring, and the implications for equity markets in both the short and long term, offering guidance for investors navigating this challenging landscape. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Keep one eye on U.S. bond yields
Roger Montgomery
May 27, 2025
Global financial markets are enjoying a period of relative calm, with investors seemingly unperturbed by the unpredictability of U.S. President Donald Trump’s second term. The spectre of a trade war between the United States and China, which once loomed large, has, for now, receded, with optimism about deregulation and tax cuts replacing those concerns. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Fast-food sales confirm U.S. economy is on struggle street
David Buckland
May 26, 2025
Fast-food and drive-thru sales are powerful gauges of an economy’s health because they capture real-time consumer behaviour, particularly among lower and middle-income households. Unlike government data or consumer confidence surveys, which can be delayed or skewed by sentiment rather than action, fast-food sales reflect what people are actually doing with their money. continue…
by David Buckland Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Understanding political manipulation – Bernie Sanders’ insightful analysis from two decades ago.
Roger Montgomery
May 23, 2025
Twenty years ago, U.S. Senator Bernie Sanders delivered a powerful explanation of a political tactic used to persuade voters to support policies that benefit the wealthy, often at the expense of their own interests. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
You’re fired! Another day, and another example of Trump commercialising the office of President for personal gain
Roger Montgomery
May 20, 2025
The U.S. Copyright Office recently released a detailed report on the complex issue of using copyrighted materials to train artificial intelligence (AI) models, which has sparked heated debate in the tech and creative industries. However, the report’s measured recommendations were overshadowed by the Trump administration’s swift dismissal of the office’s director. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
The warnings mount: first Buffett, and now Powell and Tudor Jones
Roger Montgomery
May 16, 2025
The U.S. economy and stock market are teetering, according to Federal Reserve Chair Jerome Powell and billionaire hedge fund manager Paul Tudor Jones. Together, they warn that aggressive tariffs and a cautious monetary policy result in the economy and market facing heightened inflation risks, unemployment, and a downturn. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Scratching your head about the stock market rally? It makes perfect sense.
Roger Montgomery
May 12, 2025
With the U.S. economic picture deteriorating, you might be wondering why the market is rallying. It’s simple if you remember that hope springs eternal.
U.S. President Donald Trump’s first chaotic days in office have been economically disruptive, thanks to a whirlwind 143 executive orders, a tornado of declared emergencies, and tariffs heralding a trade war – particularly the 135 per cent levy on Chinese imports. continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary