Since bravely declaring that inflation would be “transitory” the Chair of the U.S. Federal Reserve, Jerome Powell, has been ridiculed for being so wrong.  After all, we’ve since seen inflation exceed initial estimates and be more persistent than anticipated. But now it seems inflation could be transitory after all. And that augers well for quality growth stocks. Continue…

by Roger Montgomery Posted in Global markets, Market commentary.

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We have been prompting investors over the last month or two to consider a framework for investing amid macro-economic, geopolitical and central bank chaos. Trying to pick how markets will respond to a barrage of sometimes conflicting influences is near impossible. The picture is so complex and dynamic, picking whether the market will fall or rise is at best just a guess. Continue…

by Roger Montgomery Posted in Editor's Pick, Investing Education.

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The Consumer Price Index data was released this week, recording the largest annual rise in inflation since the introduction of the Goods and Services Tax in 2000. Continue…

by Brett Craig Posted in Aura Group.

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The team at Montgomery have a busy month ahead with the August reporting season upon us. Over the coming weeks companies will provide a flood of new information for the market to pore over.

For our readers and investors keen to know who’s reporting when, we have provided a link to a reporting calendar below. As a recession in many developed economies slowly becomes the consensus view, I would expect many analysts to belatedly downgrade their earnings forecast for Fiscal 2023. While a lot of this information has been anticipated by the share market, the companies’ results will make for interesting reading.

Download the reporting calendar

by Roger Montgomery Posted in Companies.

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The Deputy Governor of the Reserve Bank of Australia (RBA), Michele Bullock, last week offered a cheerful, if not upbeat, interpretation of the circumstances faced by Australian mortgage holders, who are facing the brunt of the RBA’s interest rate rises. For Bullock, and presumably for the RBA, there’s no need to stress. I hope she’s right, but I fear things could get very difficult for a lot of borrowers. Continue…

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

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In this week’s video insight Roger discusses Flight Centre (ASX:FLT). This week Flight Centre saw its stock jump more than five per cent on the day it declared travel is recovering slightly faster than expected, and consequently, its losses should be smaller. Is the share price prematurely pricing in a recovery? Continue…

by Roger Montgomery Posted in Companies, Editor's Pick, Video Insights.

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With another jump in inflation expected to be reported this week, the Reserve Bank of Australia (RBA) is justifying their rapid rate rise trajectory. But how will businesses and households respond? Continue…

by Brett Craig Posted in Aura Group.

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News about the Chinese construction sector keeps getting worse. That’s a major issue for our iron ore miners as Chinese property construction accounts for around one quarter of all seaborn iron ore demand. As our three biggest iron ore producers – BHP, Rio and Fortescue – make up a big chunk of the ASX200, I foresee darker days not just for these companies, but for the performance of the entire bourse. Continue…

by Andreas Lundberg Posted in Energy / Resources.

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