Market commentary

Back in November 1990, with the Australian economy deep in the doldrums, Treasurer Paul Keating uttered his now famous remark that this was “a recession that Australia had to have”.  It was, remarkably, Australia’s last recession. Today, with our economy again looking into the abyss, I believe there is a simple measure the government could take to prevent the next one. continue…

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

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by Roger Montgomery Posted in Investing Education, Market commentary.

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When it comes to investing, it can often pay dividends to zag when everyone else is zigging.  And that’s equally so when it comes to interest rates. At a time when everyone is assuming that rates will go to zero – and possibly beyond – it may be worth stepping back and pondering… what if they don’t? continue…

by Roger Montgomery Posted in Market commentary.

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In reference to Monday’s blog Gary Rollo, Portfolio Manager for the Montgomery Small Companies Fund, makes some very interesting points regarding the anatomy of the Australian small cap market with respect to the “Growth” sector. continue…

by David Buckland Posted in Investing Education, Market commentary.

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We like small companies with strong growth potential, especially if they are relatively undiscovered. In this article, we share the four segments we use to classify the small-cap universe. continue…

by Gary Rollo Posted in Investing Education, Market commentary.

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In this week’s video insight David takes a look the journey of interest rates. Over the decade since the Global Financial Crisis – and despite record low interest rates – Central banks are fighting a relatively low growth and low inflation environment, and they don’t seem to be winning. Why?

by David Buckland Posted in Global markets, Market commentary, Video Insights.

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Phew! So much anticipation. So much data to digest. One early conclusion to draw from reporting season is that consumer spending isn’t very healthy. Taking a look at the sector breakdown, consumer discretionary and consumer staples were the worst off. continue…

by Andreas Lundberg Posted in Market commentary.

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When I look at some of the absurd valuations of profitless companies – both here and in the U.S. – I wonder if the market is suffering from some form of consensual hallucination. I also wonder how long this induced state of bliss can go on. continue…

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

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Federal government moves to re-assess Australia’s high immigration rate could lead to a cut in migrant numbers. This is potentially bad news for the nation’s property and infrastructure developers. continue…

by Andreas Lundberg Posted in Market commentary.

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Reporting season can be brutal for businesses affected by cyclical factors, like the current residential building slump. But experience tells me it’s also a great time for investors to take note of out-of-favour companies that should rebound when the cycle turns up. continue…

by Roger Montgomery Posted in Companies, Market commentary.

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