Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Liberating our malaise

Roger Montgomery

Montgomery Investment Management

It’s hard not to think that the very intense spotlight being shined upon the US dollar makes it a key determinant of market direction in the near term. A weakening US dollar would be expected to result in a reversal of the current pressure on emerging markets, commodities, commodity countries including Australia, and their currencies. Further strength in the US dollar, many believe, will increase pressure on the global financial system, increasing the risk of a financial correction. Listening to the comments of Crispen Odey, who is lauded as one of the UK’s “most brilliant” hedge fund managers, one concludes he believes in this latter scenario. He believes the turmoil that began last month has only just began, that stock markets worldwide are overextended by 30 - 40% and in response he has moved about 29% of the $11.7 billion he manages into cash. On the balance of probabilities, it might be that we will soon see some optimism return to the local stock market amid a weaker US dollar. READ THE FULL ARTICLE (VIEW LINK)


Roger Montgomery
Founder and Chairman
Montgomery Investment Management

Roger Montgomery founded Montgomery Investment Management, www.montinvest.com in 2010. Roger has than three decades of experience in investing, financial markets and analysis. Roger also authored the best-selling investment book, Value.able.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.