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In this week’s interview with Paul Turton on ABC Newcastle radio, I discussed how central banks are carefully steering economies towards a soft landing. The reporting season revealed that some retailers, like Harvey Norman (ASX: HVN), are losing market share to better-performing competitors. Meanwhile, businesses such as Cash Converters (ASX: CCV) are seeing revenue growth as more individuals pawn items to manage the rising cost of living. Traditional banks, constrained by tighter post-GFC lending restrictions, face challenges in addressing the $400 billion funding gap for small and medium-sized businesses, driving growth in private credit.

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by Roger Montgomery Posted in Radio.

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In my recent conversation with James Findlay on Statewide Drive, I discussed several key trends in the current economic landscape. Since June, major lenders and banks have only reported a modest increase in mortgage defaults and house repossessions, while vehicle defaults remain under 1 per cent. However, ASIC data shows that Australia is on track to record the highest number of business collapses in a decade, particularly in the building and food service industries, reflecting a pullback in discretionary spending.

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by Roger Montgomery Posted in Radio.

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This week on ABC Nightlife, I joined Philip Clark to discuss the results from the current reporting season and the outlook for the new financial year. We explored why more companies have exceeded market expectations than have disappointed.

You can listen to the full interview here: ABC Nightlife – Finance with Roger Montgomery continue…

by Roger Montgomery Posted in Radio.

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In my interview on ABC Statewide Drive with Jess Mcguire yesterday, we discussed the recent interest rate cuts in Sweden, Canada, and Europe, with New Zealand potentially following suit in the coming months as the economy slows. Consumer sentiment is also shifting, with a noticeable focus on essentials, as companies like Kathmandu (ASX:KMD), Cettire (ASX:CTT), and Nike (NYSE:NKE) project lower sales for the June to August period due to decreased discretionary spending. Additionally, we touched on the significant influence of artificial intelligence (AI) on the impressive performance of the Magnificent 7 stocks last year and this calendar year. continue…

by David Buckland Posted in Radio.

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In this week’s interview with Paul Turton on ABC Newcastle radio, we discussed the disconnect between the share market and the broader economy, noting reasonable retailer profits despite rising living costs and declining discretionary spending. We covered the interest rates and the prevalence of variable home loans in Australia. The economy is slowing, with unemployment at a two-year high and discretionary spending low, yet sentiment for technology and artificial intelligence (AI) remains positive, with indexes at all-time highs. We also touched on how super funds might not fully benefit from the share market boom, even as industry super funds grow larger.   continue…

by David Buckland Posted in Economics, Radio.

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In last week’s interview with Jess McGuire on ABC’s NSW Drive, I discussed the current developments affecting our economic outlook. We delved into the recent rise in the inflation rate from 3.6 per cent to 4 per cent, prompting central banks to reconsider the timing of interest rate cuts, now likely delayed until late this year or early next. Additionally, I highlighted how iron ore exports to China are bolstering both our economies, reflecting on the broader implications for Australian trade partnerships. We also examined the downturn in discretionary spending, which is impacting retail and media sectors, with a notable decrease in share prices. 

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by David Buckland Posted in Radio.

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In this week’s interview with Paul Turton on ABC Newcastle radio, we discussed several key financial trends and their global impacts. We covered the significant growth of the S&P 500 over the last four years, driven largely by technology stocks and the artificial intelligence revolution. We also delved into the current economic climate in Australia, examining the rising inflation and consumer price index (CPI), and how these factors are influencing discretionary spending and mortgage interest rates. Additionally, we explored the dynamics of the Chinese economy, focusing on the implications of Australia’s coal and iron ore exports to China.  continue…

by David Buckland Posted in Economics, Editor's Pick, Radio.

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In my latest ABC Nightlife interview, I had the pleasure of joining Dom Knight to delve into the current market landscape and address some of your pressing questions. We explored how Generation Z’s connection through social media have not only transformed their social interactions but also disrupted numerous industries. We examined demographic shifts and the significant financial influence Gen Z is having on companies’ share valuations, with recent examples such as Asics (TYO:7936) Onitsuka Tigers and Crocs (NASDAQ:CROX). continue…

by Roger Montgomery Posted in Editor's Pick, Radio.

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In this week’s interview with Paul Turton on ABC Newcastle radio, we delve into the evolving role of CEOs in the corporate landscape, particularly in small caps. We also discuss the scenarios when CEO’s exit a company effective immediately following certain incidents and the impact these decisions have on the organisation. 

You can listen to my interview at 35:55 here: ABC Newcastle: Mornings with Paul Turton

by Roger Montgomery Posted in Radio.

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In last night’s ABC Nightlife interview, I joined Philip Clark to discuss the shifting landscape of the electric vehicle (EV) industry. We covered the significant drop in EV sales across Europe and debated the future sustainability of growth and market potential. Listen to the full conversation here: ABC Nightlife – ABC Nightlife – EV sales downturn.

by Roger Montgomery Posted in Editor's Pick, Radio.

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