Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email pete@allenwargent.com

Monday, 19 December 2011

Stock market hammered on random bad news!

Stocks got hammered by 2.5% in Australia again today on fears of European ratings cuts, the death of the North Korean leader and poor Billabong results. 
How’s that for a random trifecta of news?!
Stock market (ASX 200) is now down 14.2% for the year and super funds have had the worst year since the financial crisis in 2008.
What was I saying about roll on 2012???
***
Had a cracking day in Adelaide today.  Went to Glenelg on the tram this morning; beautiful day for a coffee on the marina.
Went to watch Mission Impossible in the arvo at Piccadilly Movie Theatre.  Probably the best movie house I’ve ever been to – in a great art deco style. 
Well worth a visit…even for average Tom Cruise flicks!
Going to hit the Great Ocean road for Melbourne tomorrow.