October 6, 2023
The economic outlook both in Australia and abroad remains complex, with the lags from material monetary policy tightening proving to be longer than expected. The U.S. economy is showing remarkable resilience, with the consumer benefiting from savings buffers, fixed rate mortgages and rising real wages.
by Roger Montgomery Posted in Economics, Market commentary.
September 19, 2023
According to the Australian Bureau of Statistics (ABS), 700,000 Australians are expected to retire over the next five years, taking the total number of retired Australians to 5 million, or around 18 per cent of a forecasted 27.5 million population. The demographic shift is forcing a rethink in terms of retirees’ superannuation and savings. Continue…
by David Buckland Posted in Investing Education.
October 30, 2023
While investors in electric vehicle (EV) themed companies debate long-term forecasts for the price of lithium and the pace of EV adoption, the downstream impacts of that adoption may produce more interesting investment conclusions. It’s a side to the EV story that remains largely ignored by the mainstream investment narrative. Continue…
by Roger Montgomery Posted in Energy / Resources, Market commentary.
October 19, 2023
You always learn a lot hearing from seasoned investors. The beauty of the Montgomery business as it has grown is that these nuggets of wisdom through our partner managers are now spread across not only several asset classes but also across a number of geographies. Continue…
by Dean Curnow Posted in Polen Capital.
October 13, 2023
In this week’s video insight, David Buckland and Gary Rollo discusses the recent surge in uranium stocks. Gary explains the rationale behind their investments in uranium, emphasising the changing attitudes towards nuclear energy in the context of decarbonization. He highlights a supply-demand imbalance resulting from a decade of underinvestment in uranium production after the Fukushima disaster, making the commodity an attractive investment. They delve into one company they like, Boss Energy (ASX: BOE). Continue…
by Gary Rollo Posted in Companies, Editor's Pick, Stocks We Like, Video Insights.
October 20, 2023
Australian equity investors enamoured with the study of consumer behaviour might take an interest in the cycling industry, especially as it impacts the ASX-listed Flight Centre (ASX: FLT). Continue…
by Roger Montgomery Posted in Companies, Market commentary.
September 22, 2023
In my recent interview with Ausbiz, I wanted to delve into the potential of artificial intelligence (AI) in transforming various fields like e-commerce and workforce optimisation by streamlining repetitive tasks and boosting overall productivity. In lieu of this, I emphasised the need for the investment landscape to adapt to this impending disruption. Listen to the full interview here
by Roger Montgomery Posted in TV Appearances.
November 6, 2023
I once relished receiving my dividend when they were sent as cheques in the mail. I liked tearing along that perforated line and took delight in those that were especially large in comparison to the price I had paid for the shares. I remember my shares in Fleetwood, whose dividend cheques were equal to 20 to 27 per cent of the investment I made. How silly of me then to ever hold a view about dividends that would cut out the fun of opening those innocuous, white, windowed envelopes that arrived the letter box twice a year. Continue…
by Roger Montgomery Posted in Investing Education, Market commentary.
September 22, 2023
With forecasters failing to predict the acceleration of inflation from 2021, and its subsequent persistence, it is unsurprising that the U.S. ten-year treasury bonds now exceeds 4.4 per cent, the highest yield recorded in 16 years. Continue…
by David Buckland Posted in Economics, Market commentary.
September 13, 2023
In this weeks’ video insight, I wanted to highlight some key takeaways from the reporting season, especially in the tech and retail sector. Retail’s results were mixed, with earnings per share declining in the second half of 2023. Predictions for fiscal year 24 and 25 estimates saw a slight downturn. In the tech sector, performance met expectations, with a noticeable focus on tech companies’ downgrading due to depreciation and amortisation, and capex concerns with a focus on cash flow and the underestimation of rising interest rates. Continue…
by Roger Montgomery Posted in Editor's Pick, Market commentary, Video Insights.
In my recent interview with Ausbiz, I wanted to give my insights on prevailing economic trends, the Australian economy, and the equity market. Watch here