Pete Wargent
speaker
553 appearances
2 recordings
1 series
first heard Oct 2022
last heard Jan 2023
Pete Wargent’s voice in public audio — every appearance, attributed to the second.
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Appearances
But as you know, it's exactly the same in the stock market as generally when you get the best results.
There's not many forced sellers around at the moment.
Everyone who wants or needs a job has got one within reason.
There's always going to be some frictional unemployment, but it's the lowest in 54 years or something.
Incomes are generally on the way up now.
Rents have been going up in some cases at 20% per annum.
There's not many forced sellers around.
Yes, mortgage rates are going up.
Now, if the cash flow went to 4%, yeah, we'd see some forced selling then, but...
Anyway, I mean, touch wood, we're not going to get there.
Looking at the latest trajectory and the latest futures market.
Yeah.
Well, there are a lot of vested interests in real estate and stocks.
But you're right, though.
Generally, people who are not owners are always hoping for the crash and people who own tend to become much more mellow about their commentary.
That is the nature of the beast.
No.
In one word answer.
No, I think, in fact, if anything, the interest rate hikes are having a bit less of an impact now because people can see we're getting closer to the top.
I think the first couple actually were a bit scary for people who haven't seen this before.
Showing 501–520 of 553 · page 26 of 28
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