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There are 2 groups of people who spend a lot of time thinking about macro economics. 1) Professors who compete for prestige and make fun sounding theories like
by anm89 5y ago
There are 2 groups of people who spend a lot of time thinking about macro economics.
1) Professors who compete for prestige and make fun sounding theories like MMT and tend to have very little skin in the game if their theories create value.
2) Portfolio managers who stand to make or lose enormous sums of money if they can make detailed and accurate predictions based off of macroeconomic analysis.
I'd rather spend my time listening to group 2. If you want to listen to what people like that are thinking about markets in real time, there are plenty of youtube channels and podcasts where you can do that:
Recently my favorite is blockworks Macro (diverged off a crypto channel but this is their non crypto macro content)
https://www.youtube.com/channel/UCkrwgzhIBKccuDsi_SvZtnQ https://www.youtube.com/channel/UCkrwgzhIBKccuDsi_SvZtnQ
If you want to understand what some of the lingo and concepts mean, NPRs whiteboard series is where I send most people
https://www.youtube.com/watch?v=qF11rk1M_Rw&list=PLA33D9F40D19C5320&index=3 https://www.youtube.com/watch?v=qF11rk1M_Rw&list=PLA33D9F40D...
Source: I have a degree in economics and trade my own money.
- SnowHill9902 4y agoMost will never say the truth or the whole truth in public unless you are paying them or they can back their words with their portfolio. “Show me where your money is.”
- techsin101 5y agogood distinction. 'applied' macroeconomics is what I really want
- deleted 4y ago[deleted]