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I joined Paul Turton on ABC Newcastle Mornings yesterday to discuss how markets remain strong but expensive, with investors shifting from artificial intelligence (AI) stocks to safer sectors like healthcare and utilities. Despite record highs, valuations suggest future returns may be lower. I explained that while a correction isn’t inevitable, there are promising opportunities in smaller, innovative companies that are starting to outperform larger ones.

You can listen to the full episode from 39:45 here: ABC Newcastle Mornings

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by Roger Montgomery Posted in Radio.

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I joined Phil Clark on ABC Nightlife yesterday to discuss what’s driving today’s market. Falling inflation, steady growth, and record central-bank liquidity continue to fuel this bull run. But with artificial intelligence (AI) spending soaring, returns need to justify valuations. We also discussed the rising demand for gold, with many investors viewing it as a hedge against uncertainty. Although physical gold might be nice to look at, exchange-traded options may offer more efficient exposure for investors.

Perhaps considering alternative asset classes that are uncorrelated to public markets such as private credit or arbitrage strategies may help to manage risk in these uncertain times. You can listen to the full episode here: Nightlife Finance with Roger Montgomery. continue…

by Roger Montgomery Posted in Insightful Insights, Market commentary, Radio.

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Yesterday on ABC Statewide Drive, I discussed how Australia’s rising unemployment rate has lifted the odds of an interest rate cut – a move that could support valuations even as the economy softens. I explained why investors shouldn’t react to monthly data but instead stay focused on quality businesses and consider diversifying into alternatives like private credit or arbitrage funds to stay balanced in a volatile market.

Listen in from 1:48:17 on ABC Statewide Drive.

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by Roger Montgomery Posted in Radio.

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I joined Paul Turton on ABC Newcastle Mornings yesterday to discuss how everyday items can shed light on global economics. I explained “doughnut economics,” which looks at balancing human needs with environmental limits, and compared it with purchasing power tools like the Big Mac and Mars Bar Indexes. These offer a quick look at currency values and living costs but are they too simple to capture the full picture?

Listen in from 37:07 on ABC Newcastle Mornings. continue…

by Roger Montgomery Posted in Radio.

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Yesterday I joined Jess McGuire on ABC’s Statewide Drive to talk about the artificial intelligence (AI) boom and what it means for investors. While AI may well transform industries and benefit consumers, I cautioned that the rush into AI stocks has pushed valuations to bubble-like levels, where prices assume every company will succeed – something history tells us is impossible. High valuations typically mean lower future returns, and right now U.S. stocks are at record high prices. For investors, particularly those nearing retirement, my advice was simple: regularly rebalance portfolios by trimming back exposure to overheated assets and reallocating to alternatives such as private credit, small company funds, or cash — rather than panic selling — to stay defensive while still positioned for long-term growth. continue…

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

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I joined Paul Turton today on ABC Newcastle to discuss why the market is demonstrating new highs despite the fear and uncertainty surrounding geopolitical events, the rising risk of stagflation, and the growing threat to the U.S. Federal Reserve’s independence.

It appears the persistent rise in the S&P 500 is reflective of the collective excitement and optimism surrounding artificial intelligence (AI). According to sources like Gartner and Deloitte, it is expected that AI global spend will hit the US$1.5 trillion mark in the near future. continue…

by Roger Montgomery Posted in Radio.

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I joined Jess Maguire on ABC Statewide Drive to discuss how scandals at Super Retail Group, Qantas, and Star Entertainment reveal a troubling pattern: CEOs behaving badly and boards failing to act. From cover-ups to ignored red flags, weak oversight has led to billions in fines, lost trust, and damaged valuations. I stressed that it’s often the cover-up that sinks a CEO – and that boards must demand transparency, independence, and stronger governance to protect investors.

Listen to the full interview from 1:46:00 here: Statewide Drive – when boards fail, investors will pay the price

by David Buckland Posted in Radio.

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I joined Paul Turton on ABC Newcastle Mornings to discuss the banking sector, where ANZ is reportedly set to cut 10 per cent of its workforce, with similar moves from NAB, CBA and Westpac. These cuts reflect the impact of automation and artificial intelligence (AI) on jobs and wages, even as younger generations turn to online and AI-driven businesses. The challenge for banks is finding savings without hurting service or limiting future growth, especially as many customers still rely on branches.

Tune in from 35:15 to catch the conversation: ABC Newcastle Mornings. 

by Roger Montgomery Posted in Financial Services, Radio.

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This week on ABC Statewide Drive with Jess Maguire, I explored the risks of stagflation and rising debt. While markets may look strong on the surface, the reality is more complex. Stagflation – when economic growth slows or stalls while prices continue to rise ­– creates a challenging environment for investors. We’re beginning to see signs of a slowing economy alongside persistent inflation, and that combination is far from ideal. So, what does this mean for share prices, and how should investors think about adapting their portfolios?

Listen to the full conversation from 1:44:30 here: Statewide Drive – Stagflation and rising debt

by Roger Montgomery Posted in Radio.

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I joined Paul Turton on ABC Newcastle Mornings to talk about digital asset funds – what they are, how investors can gain exposure to cryptocurrencies without directly buying or managing them, and whether the asset class is becoming more mainstream. We explored real-world cases that show why blockchain makes sense, as a digital version of cash that enables frictionless payments while bypassing banks to help preserve wealth. With regulation on the way, the space is becoming more comfortable for investors. Bitcoin isn’t going anywhere, but the real question is what’s driving its price higher. I also touched on funds that profit from bitcoin regardless of price direction by arbitraging futures contracts. You can listen to the full interview here: ABC Newcastle Mornings – Is cryptocurrency becoming more mainstream? 

by Roger Montgomery Posted in Radio.

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