Monday, June 24, 2013
My reading list
Market Internals and Data
Ignore everything and follow only the data. The data is the data, the chart is the chart; the market can be wrong for a long period of time, but eventually it has to conform to the data.
New Deal Democrat at Bonddad Blog - his weekly summary of US economic indicators is second-to-none. He seriously is ten times better than the ECRI.
Calculated Risk - just the hard data, no politics. Once you figure out what's important to follow, he helps you follow it all week.
Bespoke Investment Group - just the hard data, no politics. Their perspective is especially vital when emotion is running high. I cancelled my subscription to their premium service, but their free service still gives you decent enough info about what the market's up to right now.
FT Alphaville - A free blog from Financial Times. They pay attention to the world, not just the US; and to bonds and currency, not just stocks. I personally found it very difficult to read them originally, but over a year I've found it easier to follow what they're on about. The commentary is true City wonkage, and gives you a window into what the professionals are thinking about weeks before it gets into the lamestream media like Business Insider.
Michael Shaoul - really great analyst.
Krugman - he has been proven right and the doomers have been proven wrong. So take that for what it's worth. Also, he has more Nobel prizes in economics than you do.
There's probably more EM news out there, but frankly the below is more than enough for me.
FT Beyond Brics - 20-30 articles a day on the EMs. Feel free to skip the countries you don't care about. But it'll keep your mind open to the possibility that other countries exist, and they are either good or bad.
Sinocism - more China news than you would ever want to read about. Seriously. You don't need to read all this unless you want to know all there is to know about China. A huge news report out by 10PM every night about that morning's China news.
Use these sources below only for their news links, and remember that you'll have to filter a lot of what they're passing on.
Economist's View - only just recently subscribed, he seems like a good news aggregator in the economics sphere.
Barry Ritholtz - his trading opinion is worth something, and he sometimes posts useful news links. Avoid his guest commentators, they're usually no more than a waste of time.
Reformed Borker (Bork Bork Bork!) - sometimes posts interesting news. Also has a decent trader's sense. But avoid his opinions.