I'm starting an FT position with an AM firm soon. The position requires a strong understanding of macroeconomic news both in the US and around the world.
What are some of the news sources or books/magazines you guys read to stay up to date on economic news? I read the usual WSJ and NYTimes. I read Barrons as well. I've heard other sources like the Economist, Financial Times, Morningstar, etc.. are good. What does everyone here read?
the financial times are my favorite source (more general consistency than the WSJ, and It seems more tailored towards the informed audience with a broader understanding of the markets). The economist is also a fantastic source. keep up to date with all of these sources, and you'll be an expert on all current events.
I'd stop wasting time on NY Times. Focus on FT and Barron's.
Agree on FT and Barron's completely.
project syndicate
General advice that's worked for me: have a set of 2-3 regimented sources that you use daily/weekly (depending on their frequency). For me it's the WSJ electronically, DealBook and FundFire/Ignites. Then add-in resources ad hoc to get different perspectives and stories (The Economist, BusinessWeek, HBR, NPR, BBC, Podcasts, etc.).
Play around with the source and the medium (paper vs. electronic, written vs. audio) to find the right mix for you.
The Economist digital subscription and listen to the weekly audio articles on the train
If you work for any big AM, you will be able to receive tons of broker research, market updates, especially ones from each of their trading desks (rates, equity desks often provide quite good highlevel macro drivers on daily basis - like JPMorgan overnight briefs, DB Morning Reid). These are very good summaries - these guys spend tons of time doing this and you simply look at the summary. You can see how market is reacting to a particular macro news and starts to feel the market.
Economist, and other public news is useful but with this you have to do more work and it is good long-term read.
Macroeconomic News (Originally Posted: 03/27/2013)
Fellow Monkeys:
What sources do you typically use when it comes to the macroeconomic news? I don't currently have a good source and would like to start following one.
BBC, CNBC, WSJ, NYT
Bloomberg, WSJ.
CapIQ has some decent widgets at the front if you have access.
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