Popular Articles

If only to arm you with arguments you might not be apprised of, it’s worth repeating artificial intelligence (AI) critic and author, Ed Zitron’s most recent warnings about the AI bubble, starting with a reference to the potential insolvency of OpenAI and Anthropic: Continue…

by Roger Montgomery Posted in Economics, Insightful Insights, Market commentary, Market Valuation.

• 1 Comments
• save this article
• 1
• POSTED IN Economics, Insightful Insights, Market commentary, Market Valuation.

It’s the question on every investor’s mind: are the hyperscalers spending too much on their infrastructure buildout such that they won’t generate a satisfactory return on capital?

Investors are furiously debating whether the Hyperscalers are overspending.

Recently, ‘Lloyd’ commented on a Livewire blog post about the subject, stating the following: Continue…

by Roger Montgomery Posted in Market commentary, Technology & Telecommunications.

• save this article
• POSTED IN Market commentary, Technology & Telecommunications.

In my latest article for The Australian, I explore the growing risks facing global markets as cracks emerge across technology, fixed income and inflation. With artificial intelligence (AI) investment increasingly circular, government debt climbing and inflation remaining stubborn, investors may need to prepare for a more volatile and challenging market environment.

Download here: Global markets face reckoning as triple threat fractures appear Continue…

by Roger Montgomery Posted in Editor's Pick, In the Press, Insightful Insights, Market commentary, Market Valuation.

• save this article
• POSTED IN Editor's Pick, In the Press, Insightful Insights, Market commentary, Market Valuation.

In this video I discuss Aussie Broadband (ASX: ABB), a growing challenger in Australia’s retail broadband market with around 15 per cent of the NBN market across its retail and wholesale services.

The company has delivered double-digit organic sales growth alongside acquisitions, while increasing scale may support further growth and operating efficiencies. Earnings are expected to grow over the next two years, supported by a cashflow-generative business and relatively low gearing.

While concerns around competition from Starlink have recently weighed on the share price, I explain why the current valuation may offer an attractive entry point if ABB continues to execute on its growth strategy. Continue…

by Gary Rollo Posted in Companies, Editor's Pick, Insightful Insights, Market commentary, Market Valuation, Popular, Small Caps, Stocks We Like, Video Insights.

• save this article
• POSTED IN Companies, Editor's Pick, Insightful Insights, Market commentary, Market Valuation, Popular, Small Caps, Stocks We Like, Video Insights.

I joined Jess Maguire on ABC Statewide Drive to unpack the key lessons from the 2026 reporting season. We discussed why results were generally better than feared, the importance of revenue growth over cost cutting, the volatility across individual companies, and what the results could signal for the year ahead.

Tune in from 1:45:36 here: ABC Statewide Drive

by Roger Montgomery Posted in Insightful Insights, Market commentary, Market Valuation, Radio, Technology & Telecommunications.

• save this article
• POSTED IN Insightful Insights, Market commentary, Market Valuation, Radio, Technology & Telecommunications.

For decades, the 60/40 Balanced Portfolio was zealously and even religiously adhered to. The fixed income component was the dependable anchor, providing a steady yield, protection against stock market volatility, while allowing investors to sleep soundly at night.

More recently, bond returns have given sleeping investors a rude awakening.

U.S. analyst Ben Carlson recently highlighted this shift, pointing out that modern bondholders have endured a catastrophe, describing the market as “…the most brutal bond market in modern finance history,” adding, “It’s no wonder bonds are the most hated asset class in the world.” Continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Feature Article, Global markets, Insightful Insights, Investing Education, Market commentary.

• save this article
• POSTED IN Economics, Editor's Pick, Feature Article, Global markets, Insightful Insights, Investing Education, Market commentary.

I have spent the better part of the last 18 months warning investors the pattern of past returns from investing in new technology – what we refer to as General Purpose Technologies (GPT) – are likely to apply to the latest GPT- artificial intelligence (AI).

Quite simply, there’s a point in every technology investment boom when the technology stops being the most important question, and the money takes over. Continue…

by Roger Montgomery Posted in Market commentary.

• save this article
• POSTED IN Market commentary.

I joined Jess Maguire on ABC Statewide Drive to discuss the Big Mac Index and how it uses the concept of purchasing power parity to assess whether currencies appear overvalued or undervalued. We also explored why the index has limitations as a measure of fair value, what it suggests about the Australian dollar, and the important differences between market pullbacks, corrections and crashes, highlighting why short-term volatility is a normal part of investing.

Listen in from 1:47:03: ABC Statewide Drive

by Roger Montgomery Posted in Economics, Radio.

• save this article
• POSTED IN Economics, Radio.

Independent economic research and investment strategy firm Variant Perception (VP) has shared its latest market musings, and the phrase “generational equity top” got a run.

The equal-weighted Value Line Arithmetic Index is drawing down from its August high, while the Nasdaq 100 is rallying… Continue…

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

• 2 Comments
• save this article
• 2
• POSTED IN Editor's Pick, Global markets, Insightful Insights, Market commentary.

Everyone seems to have jumped on the carcass of the Firmus Initial Public Offering (IPO) to dissect what went wrong. Since it was a local company listing on the domestic market, it’s understandable Australian news outlets and financial commentators have shown so much interest. 

But while local commentators and media outlets continue to report on what would have become Australia’s largest-ever float, U.S. commentators are also responding. The difference is some are reading the pulled IPO through a far more ominous lens, one that says the artificial intelligence (AI) bubble is ending. Continue…

by Roger Montgomery Posted in Global markets, Market commentary, Market Valuation, Technology & Telecommunications.

• save this article
• POSTED IN Global markets, Market commentary, Market Valuation, Technology & Telecommunications.