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.

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'Superlative work' - Grant Williams, founder RealVision.

Tuesday, 3 January 2017

ASX hits 19-month high (Thundermentals)

For the record, I don't believe this is sustainable.

Quite probably we'll see falls once commodity prices wake up to themselves, like a suspended Wile E. Coyote pedalling manically off the edge of a steep cliff. 

Still, here it is: Aussie stocks at their highest level in 19 months.


The FTSE 100 clocked up another intra-day record high today, too.


Exuberant times...