At the beginning of 2024, investors and commentators were almost unified in their belief that after a solid 2023, more modest returns were likely. An article in the Australian Financial Review (AFR) at the beginning of the year described the market thus: “An inexplicable and self-perpetuating melt-up that veteran analysts unanimously agree defies the fundamentals is powering the broader index to all-time highs.” Continue…

by Roger Montgomery Posted in Market commentary.

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In my recent interview on ABC Statewide Drive with Jess McGuire, I shared insights on the outlook for the stock market in 2025. We discussed how focusing on the combination of disinflation and positive economic growth can be key drivers of success, rather than getting caught up in the noise from the broader financial commentary. You can listen to my segment from the 1:45-minute mark here. ABC Statewide Drive – What’s ahead for the stock market in 2025

by Roger Montgomery Posted in Radio.

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Yesterday, I appeared on ausbiz to share my thoughts on the current bull market, including the potential for a correction in January or a broader pullback next year. We discussed how disinflation and economic growth have historically supported innovative companies with pricing power. I also touched on sentiment indicators like the “euphoriameter”, highlighting that while these can signal extremes, the S&P 500 has historically continued to rally after past peaks. Continue…

by Roger Montgomery Posted in TV Appearances.

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Pronounced ‘Too-As’, Tuas Limited (ASX:TUA) is a founder-led ASX-listed company providing telecommunications services, while owning and operating a mobile network in Singapore.

Back in April, I discussed Tuas here. Back then the share price was $3.82. Yesterday, it traded just above $6.00, and I believe further upside is possible. Continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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According to multiple commentators and outlets reporting on those commentators, the equity market is now at a euphoric level – officially. Evidently, there’s a measure for euphoria produced by Callum Thomas, the founder of Topdowncharts, in Queenstown, New Zealand. Continue…

by Roger Montgomery Posted in Market commentary.

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by Roger Montgomery Posted in Small Caps, Video Insights.

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This article was first published in The Australian on 30 March 2013.

Back in 2013, Wesfarmers (ASX:WES) chairman and head of a business council panel on the decline of value-adding and manufacturing in Australia Bob Every described Australia as a mere “quarry”. Continue…

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

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The Australian Financial Review (AFR) is reporting the Reserve Bank of Australia (RBA) has estimated that the Australian private credit market has grown to around $40 billion, or around 2.5 per cent of total business lending¹, and my friends at Tanarra Capital have predicted Australia’s market will continue to expand with attractive yields helping the asset class win share from more volatile equity markets². Continue…

by Roger Montgomery Posted in Aura Group.

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