The 11-year bull market in global equities, which COVID-19 finally brought to an end, came to be derided as the most unloved bull market in history. So, what to make of the strong, and similarly disparaged, bounce since March? Many investors look to be pricing in better times ahead, but media headlines are telling a different story. Continue…

by Roger Montgomery Posted in Editor's Pick, Global markets, Market commentary.

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During the GFC, the Federal Government rolled out ‘Building the Education Revolution’ to stimulate the construction sector. The scheme had merit, as it helped to fund schools, which are long-term public assets. The same cannot be said of the recently announced, and seriously flawed, HomeBuilder program. Continue…

by Andreas Lundberg Posted in Property.

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The government-imposed COVID-19 lockdown accelerated a number of social trends. One of those was our increasing preference for online shopping. Recent data shows that even though the lockdown pushed total retail sales off a cliff in April, online sales shot up. And one retailer – Kogan – stood out from the pack. Continue…

by Stuart Jackson Posted in Companies, Consumer discretionary.

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In this episode of ABC Nightlife Roger discusses why the stock market is powering ahead even though Australian should be in a recession. Listen to the interview for some of the reasons behind the optimism here.

by Roger Montgomery Posted in Radio.

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If you’re scratching your head over the market’s strong rebound since March, then join the club. Because there’s still a large cohort of economists and analysts who continue to see tough times ahead. Continue…

by Roger Montgomery Posted in Market commentary.

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Gauging the possible extent and duration of the economic downturn resulting from the COVID-19 crisis is a challenging exercise with many unknowns. However, one thing is reasonably clear: in the event that a safe and effective vaccine becomes widely available, the threat posed by the virus will be much diminished and the path to recovery made far smoother. Continue…

by Tim Kelley Posted in Market commentary.

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by Roger Montgomery's Team Posted in Old Content.

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It is widely acknowledged that China knew about the Coronavirus outbreak in late 2019 but did not report the outbreak until the virus appeared in Taiwan. And while the tectonic economic and personal cost remains to be counted, what we already conclude is that our attitude to China and its business interests on our shores must change. Continue…

by Roger Montgomery Posted in Market commentary.

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