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I joined Jess Maguire yesterday afternoon on ABC Statewide Drive to discuss the sharp fall in the Australian share market, rising U.S. bond yields and the pressure higher rates can place on asset prices. We also discussed inflation and interest rates in Australia, before looking at the risks of company forecasts in isolation and why the combined growth expectations for the artificial intelligence (AI) sector may be difficult to achieve.

Listen from 1:46:38 on ABC Statewide Drive.

by Roger Montgomery Posted in Economics, Insightful Insights, Market commentary, Market Valuation, Radio, Technology & Telecommunications.

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I joined Andrew Geoghegan on Ausbiz to discuss persistent inflation in the U.S., the impact of rising wages and services costs, and why the Federal Reserve may have limited room to ease rates. We also explored the artificial intelligence (AI) infrastructure buildout, growing demand for capital and the pressure higher borrowing costs could place on hyperscalers, before discussing how private credit may fit within a higher-inflation environment. continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Global markets, Insightful Insights, Market commentary, Market Valuation, TV Appearances.

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This week, I am back with Nicola and Di for our series Over The Money Fence.

This series aims to help you take control of your finances with clarity and confidence. 

In this episode, we go through the fallout from the federal budget and explain why, despite being sold as a win for young Australians, the changes to negative gearing have actually made it harder for first home buyers to get into the market. continue…

by Roger Montgomery Posted in Economics, Investing Education, Market commentary, Market Valuation, Podcast Channel, Property, Technology & Telecommunications.

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I joined Jess Maguire on ABC Statewide Drive to discuss rising U.S. interest rates and bond yields, what is driving them, and the potential flow-on effects for Australia. We also explored government debt, artificial intelligence (AI) investment, equity markets and what higher borrowing costs could mean for investors.

Listen from 1:43:51 here: ABC Statewide Drive 

by Roger Montgomery Posted in Economics, Market commentary, Radio.

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I joined Juliette Saly on Ausbiz to discuss rising U.S. bond yields and what higher interest rates could mean for markets. We also explored growing U.S. government debt, competition for capital from the artificial intelligence (AI) infrastructure boom, and the warning signs to watch across mortgages, highly leveraged companies and credit markets.

Watch here: The $40 trillion debt problem facing U.S. markets 

by Roger Montgomery Posted in Economics, Editor's Pick, Insightful Insights, Investing Education, Market commentary, TV Appearances.

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In my recent article for The Australian, I explore the growing competition for capital between the U.S. government and the artificial intelligence (AI) boom. As government borrowing and AI infrastructure spending accelerate, the resulting pressure on bond yields could reshape the investment environment, with important implications for equity valuations and long-duration growth stocks.

Download the article here: A new battle for cash has begun – and it could sink stocks

by Roger Montgomery Posted in Economics, Editor's Pick, In the Press, Insightful Insights, Investing Education, Market commentary, Popular, Technology & Telecommunications.

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In my latest article for The Australian, I look at the growing pressure facing Australian homeowners as rising living costs, higher interest rates and mortgage repayments stretch household budgets. With mortgage stress at its highest level in 18 years, I explore the economic pressures behind the figures and what they could mean for households if conditions remain challenging.

Download the article here: Homeowners pay the high price of Labor’s fiscal mismanagement continue…

by Roger Montgomery Posted in Economics, Editor's Pick, In the Press, Market commentary, Property.

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In my article for Firstlinks, I explore whether the extraordinary investment boom in artificial intelligence (AI) could ultimately end in financial pain for investors, even if the technology itself transforms society. History shows that revolutionary technologies can deliver enormous benefits while destroying the capital of those who overpaid to build them. With Big Tech committing hundreds of billions of dollars to AI infrastructure, costs rising, competitive moats weakening and the price of intelligence rapidly falling, the pressure to generate adequate returns is mounting. As cash flows come under strain and the AI trade begins to unwind, investors are left with a critical question: can the hyperscalers generate enough profit to justify the scale of spending, or is the AI boom following a familiar historical path?

You can read the article here: Firstlinks – Will AI destroy investor capital? 

by Roger Montgomery Posted in On the Internet.

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I joined Jess Maguire on ABC Statewide Drive to unpack the key lessons from the 2026 reporting season. We discussed why results were generally better than feared, the importance of revenue growth over cost cutting, the volatility across individual companies, and what the results could signal for the year ahead.

Tune in from 1:45:36 here: ABC Statewide Drive

by Roger Montgomery Posted in Insightful Insights, Market commentary, Market Valuation, Radio, Technology & Telecommunications.

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On Ausbiz today, I discussed why the artificial intelligence (AI) boom may be reaching a crossroads. I looked at the enormous capital being deployed by hyperscalers, falling free cash flow and rising depreciation, and why growing competition and higher funding costs could make it increasingly difficult for these companies to generate sufficient returns on their AI investment.

Watch here: The AI spending spree investors should fear

by Roger Montgomery Posted in Economics, Editor's Pick, Insightful Insights, Investing Education, Market commentary, Market Valuation, Technology & Telecommunications, TV Appearances.

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