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          <time datetime="2020-07-22T11:00:34+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 22, 2020 11:00</time>
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              Has the market run too hard?
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  Who would have thought that, just four months after the market’s March nadir, many stocks would not only have recovered, but be at new all-time highs? Or that...
</div>

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        Montgomery Investment Management
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        <time datetime="2020-07-22T11:00:34+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">July 22, 2020 11:00</time>
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          <div class="__Wires_TolTagComponent_45110 w-36"></div>
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          <time datetime="2020-07-22T09:26:44+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 22, 2020 09:26</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              2 stocks at the forefront of the hydrogen economy
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Australia’s chief scientist Alan Finkel describes hydrogen as “Australia’s next multibillion dollar export opportunity’’ - and judging from two recent equity raisings...
</div>

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          <time datetime="2020-07-22T07:38:10+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 22, 2020 07:38</time>
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              So, finally, belatedly, we can confirm that Westpac is not an irresponsible lender...
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  Back in August 2018 I argued that UBS banking analyst Jon Mott was wrong when he sensationally claimed that Westpac had potentially breached Australia&#39;s responsible...
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          <time datetime="2020-07-22T07:00:25+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 22, 2020 07:00</time>
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              What to do when your dividends get slashed
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  Investors who need a regular income can no longer rely on high dividend payments to see them through. We discuss why it’s time to shift your focus towards investing...
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          <time datetime="2020-07-22T06:58:29+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 22, 2020 06:58</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Will fundamentals matter anytime soon?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Equity markets produced outsized returns in Q2 2020, as shown in Figure 1 below. Much of the damage caused by the COVID-19 pandemic in the first quarter of 2020 was...
</div>

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        State Street Investment Management
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              A missed opportunity for many Australians
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   In Australia, many investors are familiar with cash, term deposits and equities.  However, bonds remain less well understood and under-invested, which could...
</div>

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          <time datetime="2020-07-21T20:00:54+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 21, 2020 20:00</time>
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              Eviction Moratoriums are Terrible Economic Policy
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  At the onset of the Covid-19 crisis, governments of all political persuasions in many countries enacted moratoriums on tenant evictions. The superficial narrative used...
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        Narrow Road Capital
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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/fixed-income">Fixed Income</a>

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          <time datetime="2020-07-21T18:40:31+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 21, 2020 18:40</time>
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              Insight: RBA Open to Lowering 3-Yr Yield Target to 0.10%
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  By Sophia Rodrigues For the first time since announcing the package of measures on March 19, the Reserve Bank of Australia has opened up the possibility of lowering...
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  In recent months, The Montgomery Fund has accumulated a significant position in Woolworths – it’s now one our largest positions. And we remain positive on the outlook...
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        Platinum Asset Management
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          <time datetime="2020-07-21T12:52:11+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 21, 2020 12:52</time>
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              A New Australian Record
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  The Australian stock market set a new record at the end of June 2020. The ASX Information Technology GICS sector beat the all-time high forward P/E record set in March...
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        Lazard Asset Management
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          <time datetime="2020-07-21T12:23:58+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 21, 2020 12:23</time>
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  Global equities eked out further gains last week, largely reflecting more vaccine hopes, good JP Morgan earnings and general relief that more widespread lockdowns were...
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Anthony Millet - Early-stage venture <span class="whitespace-nowrap">capital<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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   Anthony Millet from Antler joins David to discuss early-stage venture capital. Antler receives 50,000 applications a year to their programs around the world and...
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  You’d think that Australia’s global winemaker and distributor, Treasury Wine Estates (ASX:TWE), would be reasonably immune to the effects of the COVID-19 pandemic. But...
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              How to identify quality in the payments sector
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The payments industry is gradually emerging as one of the most attractive parts of the financial technology (Fintech) world. Prior to COVID-19, approximately 50% of...
</div>

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      <div>
        Morgan Stanley IM
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              Defend and diversify: why bonds are critical in any portfolio
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  COVID-19 has had many ramifications, including an increase in the number and size of the federal government’s debt programs. While these programs assist people and...
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        Yarra Capital Management
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              Will Spotify be a long-term winner?
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  We believe Spotify (NYSE: SPOT) is an attractive investment opportunity because it commands an improving leadership position in the structurally growing, global...
</div>

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        Montaka Global Investments
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