As detailed in one of our blogs in late July, the confession season had been relatively sparse this year. This set the market up for greater levels of earnings surprise than in previous years, and this is exactly what the reporting season delivered. Continue…

by Stuart Jackson Posted in Market commentary.

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In this interview with Warren Moore, Roger discusses China’s G20, steel production and currency devaluations. 

by Roger Montgomery Posted in Global markets, Radio.

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by Roger Montgomery's Team Posted in Old Content.

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A bubble blown large enough will inevitably pop. And as gold bugs pump up the price of the precious metal, we hasten to warn our readers that this, too, is a bubble that will, sooner or later, burst. Moreover, gold is not a long-term investment. Our advice is to heed the words of Warren Buffett and stay away from gold. Continue…

by Roger Montgomery Posted in Energy / Resources.

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The world’s population is at an all-time record high of around 7.4 billion, and the United Nations estimates it will be over 11 billion in the year 2100. But populations aren’t growing everywhere. Detroit’s population is down 65% since peaking in 1950. And Japan’s is expected to drop 33% by 2060. The declines pose a new set of challenges for these communities. Continue…

by David Buckland Posted in Market commentary.

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As we’ve pointed out recently, it’s getting harder and harder to find quality Australian businesses with really strong prospects. Which is why we are quite excited about Altium (ASX:ALU) and Vitagroup (ASX:VTG). Their profit results for FY16 were arguably two of the reporting season’s best.
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by Roger Montgomery Posted in Companies, Editor's Pick, Stocks We Like.

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Some analysts say you shouldn’t ask your broker whether or not to buy stocks, as they have a conflict of interest – they will always tell you to buy. So, who should you ask? Perhaps J. Kyle Bass, the man who profited handsomely from predicting the subprime mortgage meltdown. Bass is convinced China will need to devalue the renminbi, which would be bad for equities. We think it may pay to read what he says. Continue…

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

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The new Montgomery Alpha Fund has just completed its first month of live trading, returning a pleasing 3.24 per cent for August after all fees. Given our target for the Fund is to return 6-8 per cent above the cash rate annually, this is well ahead of what we might consider “normal”.  There are a couple of observations around risk and return worth making here. Continue…

by Tim Kelley Posted in Market commentary.

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