2023 saw the largest gap emerge between large-cap companies and small caps since the GFC. The question is, will this gap to close in 2024? 

We are optimistic about Australian small caps, anticipating a highly favourable environment and outperformance. That gap offers greater growth than large caps, at relatively more attractive valuations. Continue…

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

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The week of March 18, 2024 marked a significant legislative move as the U.S. House of Representatives endorsed a bill mandating the separation of TikTok from any affiliations with the Chinese government. The endorsement received substantial bipartisan support, with 90 per cent of Republicans and 75 per cent of Democrats voting in favour.  Continue…

by Roger Montgomery Posted in Companies, Economics.

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The Reserve Bank of Australia (RBA) board left the cash rate on hold at 4.35 per cent last week, in line with market expectations. The decision was made off the basis that “inflation continues to moderate, but remains high.” Continue…

by Brett Craig Posted in Aura Group, Economics.

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I was very lucky to attend the Harvard Business School Owner/ Presidents Management program over the three years to 2006. In my class of 100 mature–age students, around half were from the U.S., and the remainder were from several other countries. I know it is a gross generalisation, but it would be fair to say the U.S. students excelled at any “marketing” related case studies but noticeably under-performed in any case studies related to “accounting”.  Continue…

by David Buckland Posted in Economics, Foreign Currency.

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by Roger Montgomery Posted in Editor's Pick, Small Caps, TV Appearances.

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Have you noticed this year’s improvement in market sentiment? Having intimated its possibility throughout 2023, global equities are now demonstrating a broadly robust rise.

Despite economic and geopolitical uncertainty, the Polen Capital Global Growth Fund’s portfolio has also demonstrated striking performance, with expectations for continued success through the cycle.

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by Roger Montgomery Posted in Insightful Insights, Investing Education.

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The latest e-commerce report from Australia Post simultaneously reinforces what we know about the ineffectiveness of monetary policy and recent Commonwealth Bank household spending insights reports. 

The headline data from Australia Post reveals Australians reduced their online spending by 1.2 per cent in calendar year 2023, compared to the year before, to $63.6 billion.  Continue…

by Roger Montgomery Posted in Economics.

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While all fingers are pointing to an Australian politician being guilty of spying against Australia and allegedly for the Chinese, should we also be pointing the finger at Chinese-made electric vehicles (EVs)?  Continue…

by Roger Montgomery Posted in Editor's Pick, Technology & Telecommunications.

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