Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Must-read, must-follow, one of the finest property analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for in-depth analysis' - David Scutt, Business Insider.

"I've been investing 40 years yet I still learned new concepts; one of the finest young commentators" - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts, the most comprehensive analyst I follow in Australia...follow Pete Wargent' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

'Superlative work' - Grant Williams, founder RealVision.

Sunday, 12 October 2014

Stocks clonked once again

I'm not normally one for posting too much about daily stock market movements - being someone with a bias towards averaging and diversified products, falling markets are basically just a good opportunity for buying more stocks - but it has been quite interesting to observe the market tantrums over the past week or so.

Stocks have been the victim of a deepening rout while variously gold, silver and copper markets have all been weak.

The stock market action has been interesting to the extent that it impacts perceptions of confidence and the economy. Futures markets suggests the bloodbath has a way to run Down Under yet too...