Real-time analysis of Australia's markets & economy.
Pete Wargent blogspot
AllenWargent Property Buyers
(institutional). 6 x finance author.
'Huge fan of your work. Very impressive!' -
, The Barefoot Investor, Australia's #1 bestseller.
'Must-read, must-follow, one of the finest analysts in Australia' -
, ex-Senior Economics Adviser to Prime Minister Gillard.
'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' -
, Business Insider.
'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' -
, Amazon #1 bestseller.
'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' -
, Variant Perception, 2 x NYT bestseller.
Wednesday, 13 January 2016
8 in a row for XJO
$100 billion dropped from the share market this year so far following eight negative trades in a row.
The XJO is now down to 4,925.
BHP is now trading at just $15.01, and with crude oil prices per barrel sinking below $30 for the first time in 12 years, there may be further declines to come.
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