Sources of financial news and opinions

[zbigi]

How do you inform yourself w.r.t. your investments? The reputable sources (The Economist, FT, WSJ) are not the cheapest - do you pay for them?

[bostonimproper]

I read and listen to financial news because I’m generally interested in it, but I don’t find it particularly helpful in selecting investments? For what it’s worth, most have free podcasts that will cover the big headlines with surface commentary.

[suomalainen]

I don’t. As a full-time worker and full-time father, I don’t have time or energy for that. Hedge funds and similar traders scrape news feeds and twitter and everything else for millisecond-accurate information. Buffett has argued that 10-ks and 10-qs are what you should base investing decisions on as opposed to trading. I assume he also reads a daily such as wsj. I skim finance.yahoo.com to stay generally abreast of major market impacts, but that’s about it. So I think the question sort of answers itself when you self-identify what kind of investor/trader you are.

[white belt]

It depends how frequently you want to adjust your investments and your time horizon. I don’t follow daily financial news flow specifically, other than just using memeorandum.com which covers overall news flow. I will listen to some weekly financial podcasts like Macrovoices, Macro Trading Floor, and Market Huddle. Those are all macro focused and cover factors that might affect trading/investments in the weeks to months timeframe. FWIW they are often ahead of the mainstream news flow in cases of macro uncertainty. For example, Macrovoices called that COVID-19 was going to be a pandemic in December of 2019 which was several months before the rest of the world realized it.

The best resource is paywalled research but that cost $$$.

I think more popular platform are generally too watered down and result in echo chambers. So no CNBC for me. Real Vision used to be good but now I place it in the same category.

[jacob]

https://www.marketwatch.com/ and https://finviz.com/map.ashx (<- not really news, just a heat map)

[dranudin]

I pay for WSJ. The price to value ratio is pretty good I think. I am currently thinking about getting another one for bloomberg, but am still undecided about that one.

[delay]

Macro Trends has nice longer term graphs. Then there's FTSE, MSCI or Amundi that provide indexes to look at. Just ETF has a nice overview of the funds you can buy in Europe.

[sky]

https://unherd.com/us/
https://www.project-syndicate.org/section/economics

[chris580]

This is a good topic. I read wsj, calculatedriskblog, and scan news headlines on finviz daily. I also view clips from the major financial news outlets on YouTube. I scan the headlines at Barrons and the Economist as well.

Unfortunately, most of this is just ‘noise’ and consumes more time and energy that I would like. I’ve been looking for a good weekly and or daily economic/market summary. Does anyone have a reliable one they can recommended?

[jacob]

Unfortunately, most of this is just ‘noise’ and consumes more time and energy that I would like. I’ve been looking for a good weekly and or daily economic/market summary. Does anyone have a reliable one they can recommended?

Financial Times tend to follow and follow-up stories for longer periods which serve to cut out much of the noise. It's less US-centric than WSJ though.

[zbigi]

Financial Times tend to follow and follow-up stories for longer periods which serve to cut out much of the noise. It's less US-centric than WSJ though.

That's my cursory impression as well - FT seems more in-depth than WSJ, which sometimes looks like borderline infotainment. Also, FT has a "lite" edition, which is more annoying to use, but has all the same content, and costs only 16 euros per month (regular access is about 40 euros per month).

[chris580]

Financial Times tend to follow and follow-up stories for longer periods which serve to cut out much of the noise. It's less US-centric than WSJ though.

I’ve subscribed to FT and thought it was a much higher quality paper than WSJ. It is more in depth, like the old WSJ, before it was bought out by news corp around the time of the 08 financial crisis. But like you say, it’s more internationally focused. I am definitely not opposed to global investing, but I feel I have much better advantages in the US because I can see things on the ground happening around me, I know the laws and systems better and get much more information about what going on/changing here. I can pick on the nuances better here too. Not saying this is always the best place to invest though. When I have more time, after I go full or semi ERE, I’ll definitely be more internationally focused.

[chris580]

How do you inform yourself w.r.t. your investments? The reputable sources (The Economist, FT, WSJ) are not the cheapest - do you pay for them?

WSJ can be pricey if you subscribe directly from their site, but sometimes you can find good deals by googling things like “wsj offer”.

[OTCW]

PBS has a saturday morning program called Wealthtrack. It's usually an interview with a financial expert plus some practical action items and reading suggestions. I try not to miss it.

[Nomad]

My go to news sources are numerous financial channels on YouTube. I particularly like the ones that focus on macro trends so that I can position myself for the 3-9 months ahead. Luckily, the Wealthion channel and now ThoughtfulMoney often touched on the idea of having gold ETF's or gold miners ETF's in your portfolio. This has saved my bacon in the last few months and I've been raising my stop losses on them daily and weekly as they rise.

[Seppia]

I found my nirvana with Bloomberg.

With zero interest of being political, my belief is that one of the negatives of “the internet” is that people somehow expect good journalism to be free.

I still live by the mantra “you pay peanuts, you get monkeys”, and find the $550 or so I pay every three years to be 100% worth it.
The reason why Bloomberg works best for me is that it skews economics without being “just technical”.
I get my financial news together with what I consider good reporting on everything else.

[bookworm]

As an experiment, I've been enjoying going into the library and asking for their copy of the paper WSJ once a week. Might throw in the Economist as well.

I still scan through the Google Finance headlines as well if I'm checking markets during this "exciting" period.

[ducknald_don]

I read the Economist as well although not every week as it's quite expensive. I feel the need to read all of it to get my moneys worth which takes two or three weeks.

The financial press tends to be more factual although I wouldn't say they are bias free. They all lean towards economic liberalism.

[DonkeyHaute]

I enjoy reading FT & listening to Macro Voices.

I enjoy monitoring and trying to identify macro economic trends. I find this to be useful aggregate globally - https://tradingeconomics.com/ - for the reports I'm interested in I'll google & read the full report.

ie
-> ISM Manufacturing & Non-Manufacturing PMI data; read the report (its one-ish page) and try to pick up on sector strengths/weakness.
-> US Building Permit approvals
-> Interest Rates & Money Supply
-> etc, etc

I am by no means an expert! I am just a dude trying to gauge which way the wind is blowing.