Market commentary
-
Buyer beware: rising rates could send low-growth big caps into reverse
Roger Montgomery
December 9, 2016
After an extended period in the doldrums, interest rates are finally on the rise. As I’ve written before, this could have a momentous effect on asset prices. And most at risk will be those who have accumulated immense debt, and investors who have bought shares in low-growth big caps. continue…
by Roger Montgomery Posted in Market commentary.
- 3 Comments
- save this article
- POSTED IN Market commentary
-
It’s time to take advantage of mis-priced stocks
Tim Kelley
November 30, 2016
If the current market is shaking your confidence, don’t worry – you’re not alone. Right now we’re seeing many lower quality businesses being bid higher, while high quality businesses are getting hammered. Is this a rare opportunity to take advantage of mis-priced securities? We think so, provided you’re willing to ignore market noise and think longer term.
continue…by Tim Kelley Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
-
So bond rates are not ‘lower for longer’
Roger Montgomery
November 28, 2016
For most of 2016, we have warned investors about the dangers of accepting historically low bond rates as the ‘new normal’. The reality is that US 10-year rates lower than at any time since George Washington was sworn in as the first President of the United States is anything but normal.
continue…by Roger Montgomery Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
-
Quality Inversion
Tim Kelley
November 25, 2016
The Australian equity market has been unfriendly to our style of investing recently. We knew before we stepped onto the field that there would be years when we generated very large excess returns and years when we would suffer, but even when you know they will happen, the bad years are always painful when they occur. continue…
by Tim Kelley Posted in Market commentary.
- 6 Comments
- save this article
- POSTED IN Market commentary
-
Make no mistake, rising bond yields are bad for assets
Roger Montgomery
November 24, 2016
Right now, many investors are probably patting themselves on the back, having profited from a booming property market and the makings of a resurgent share market. But there is an elephant in the room – rising bond yields. And they could bring the party to an abrupt end. continue…
by Roger Montgomery Posted in Market commentary.
- 8 Comments
- save this article
- POSTED IN Market commentary
-
WHITEPAPER
HIGHER RETURNS AND LOWER RISK? YES, IT’S POSSIBLE WITH PRIVATE CREDIT
Discover how private credit can deliver higher returns with lower risk in our latest whitepaper. Learn how the Aura Core Income Fund’s AA equivalent rated portfolio has consistently outperformed while maintaining transparency and robust risk management. Unlock the insights to achieve superior risk-adjusted returns today.
READ HERE -
When companies ask for your money, first read the fine print
Ben MacNevin
November 23, 2016
Hands up if you read the fine print when you receive a company prospectus. Odds on, your hand is still down. Because the sad fact is most of us have a terrible habit of ignoring the fine print. Put it down to lack of time, a trusting nature, or lack of expertise. Either way, it can be a costly mistake – you need to know what you are about to buy. continue…
by Ben MacNevin Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
The long and the short of it; shares or property, or something else?
Scott Phillips
November 21, 2016
We recently held a webinar for those people who had shown interest in the two alternative investment solutions that we offer here at Montgomery, being; the Montaka Global Access Fund and recently launched Montgomery Alpha Plus Fund.
continue…by Scott Phillips Posted in Market commentary.
- 3 Comments
- save this article
- POSTED IN Market commentary
-
Are airlines now extraordinary businesses?
Roger Montgomery
November 16, 2016
Warren Buffett is famous for his quips about the folly of investing in airlines, and once labeled the sector a ‘death trap’ for investors. But now he has changed his tune. What could have prompted this? And does it mean that airlines are now an extraordinary investment? continue…
by Roger Montgomery Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
-
What Do Trades by Insiders Tell us?
Tim Kelley
November 14, 2016
Most days you’ll see a company announcement about a director either cutting or boosting their shareholding. These transactions often raise eyebrows. After all, they must know something that we don’t, right? So, should you sell when they sell, and buy when they buy? continue…
by Tim Kelley Posted in Market commentary.
- 1 Comments
- save this article
- POSTED IN Market commentary
-
Don’t believe the Trump alarmists – the sky is not falling
Roger Montgomery
November 14, 2016
In the wake of Donald Trump’s victory, I’ve been hearing a lot of Chicken Little-like fretting about what it means for stock markets and portfolios. That’s fair enough because, to quote the legendary Sam Cooke, it looks like a massive change is gonna come. So, as investors, how concerned should we be, and what should we be doing to preserve our wealth? continue…
by Roger Montgomery Posted in Market commentary.
- 6 Comments
- save this article
- POSTED IN Market commentary
