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 firstname.lastname@example.org
Monday, 26 November 2012
Interest rate expectations (and yet more public hols for Timor)
Two more interest rate cuts by September next year implied by today's yield curve...
Cracking win for England in the cricket, by 10 wickets over India. It was close, but not quite close enough for Australia versus South Africa in Adelaide. Can't wait for the next Tests!
The Government in East Timor announced today that both tomorrow and Thursday will both now be public holidays (Wednesday already was one for the Proclamation of Independence Day). Naturally people won't turn up to work on Friday either after 3 days off - so effectively it's now the weekend.
Can you imagine if developed nations had so many holidays and the impact on GDP? It might sound uncharitable but if Timor genuinely desires to become a mid-tier country in terms of its per capita wealth, granting the population ad hoc weeks off is not really going to help.