![\"\"](\"https:\/\/rogermontgomery.com\/wp-content\/uploads\/2025\/08\/ABC-Statewide-Drive.png\")
\t\t\t<\/div>\nABC Statewide Drive \u2013\u00a0Black Friday frenzy<\/h4>\n
I joined Jess Maguire on ABC Statewide Drive to discuss how Black Friday has evolved from a U.S. curiosity into Australia\u2019s biggest retail event, now eclipsing even Boxing Day. I explained how the surge in discounting can pull Christmas spending forward and boost sales \u2013 but how it can also put pressure on retailer margins. I explored how this day can provide useful clues about consumer sentiment, inflation and overall economic activity. We also touched on the risks of shoppers leaning too heavily on credit, the seasonal jobs created by these major sales events, and why the growing list of endless promotions has effectively turned the year into one long discount cycle.<\/p>\n
Tune into the episode from 1:42:25 here: ABC Statewide Drive<\/a><\/p>\n Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.<\/p>\n He is also author of best-selling investment guide-book for the stock market, Value.able<\/a> \u2013 how to value the best stocks and buy them for less than they are worth.<\/p>\n Roger appears regularly on television and radio, and in the press, including ABC radio and TV, The Australian and Ausbiz. View upcoming media appearances.\u00a0<\/a><\/p>\n<\/div>\n<\/div>\n This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.<\/p>\n<\/div>\n<\/div><\/div>\n
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