Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

5 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 finest property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete 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'.

"The level of detail in Pete's work is superlative across all of Australia's housing markets" - Grant Williams, co-founder RealVision - where world class experts share their thoughts on economics & finance - & author of Things That Make You Go Hmmm...one of the world's most popular & widely-read financial publications.

"Wargent is a bald-faced realty foghorn" - David Llewellyn-Smith, MacroBusiness.

Tuesday, 15 September 2015

Turnbull rally?

The last six months have been a rather bumpy ride for Australian share markets, and to some extent for the Aussie economy too.


Of course the stock market commentary has tended towards hyperbole, as it always does, accentuating the "losses" rather than the buying opportunities. 

Still that'll never change. 

Anyways, it's another day, another Prime Minister for Australia as Abbott is swept aside in favour of Turnbull. 

There was an initial move in the Aussie dollar before it settled in at around 71.3 US cents. It will be interesting to watch SPI futures to see whether there is any upside for the share market.

There may well be, though markets will likely first be interested in finding out:

(i) who the new leadership team will be; and

(ii) Turnbull's immediate priorities for business and the Aussie economy.

Tomorrow should be a pretty interesting day all in all.

And if we don't get a Turnbull rally, at least we can enjoy some more stock market hyperbole.