Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory & buyer's agents, 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

Thursday, 10 January 2013

Investors "stunned" by Chinese trade data

Interesting read from Sydney Morning Herald here.

China’s exports rose 14.1 per cent in December from a year earlier while imports increased 6 per cent, leaving a trade surplus of $US31.6 billion ($30.1 billion), official data shows.

The pickup in overseas shipments compares with analyst expectations for a 5 per cent rise and a 2.9 per cent increase the previous month. Imports were tipped to grow 3.5 per cent, while the trade surplus was seen at $US20 billion.

For the year, China’s trade surplus surged 48.1 per cent to $US231.1 billion. Exports from the world’s second-largest economy rose 7.9 per cent to $US2.05 trillion, while imports increased 4.3 per cent to $US1.82 trillion, the national customs bureau said."

The Aussie dollar jumped to 105.5 US cents on the news.