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Wow, this was so interesting. I always feel two steps behind when I read news like this? Does anyone who works in the finance sector have tips for staying up wi

Wow, this was so interesting. I always feel two steps behind when I read news like this? Does anyone who works in the finance sector have tips for staying up with the news? Like how do you find out that a random local government in South Korea has defaulted on its debt, how do you understand the significance of the event (as I'm sure many defaults happen every day), and how do you track the effects of these events?

FredPret 4y ago
The human economy is a complex animal. There is no simple way to understand it all
- toomuchtodo 4y ago
  Attempting to can be an enjoyable experience though.
  - brookst 4y ago
    And an imperfect understanding is better than none.
xwdv 4y ago
Stocktwits
- throwaway743 4y ago
  Oh man... going to any one thread there... you can smell the marlboro reds and desperation through your screen
djbusby 4y ago
Bloomberg Terminal has a firehose of news, especially news about money things.
- prox 4y ago
  But that’s pretty pricey right?
  - djbusby 4y ago
    No, not when the cost helps you make/save money. Like, would you pay $2500/mo to help you make $25000/mo? "Pricey" is subjective; and is only one number. You need another number to get the Ratio. Then we can see if Price > Gains; making $THING is expensive.
    - prox 4y ago
      Yeah, badly worded, sorry. A significant investment for some is probably more apt.
    - ravenstine 4y ago
      That can be said of many things. In the context of average joe HNer, that's pretty frickin' expensive.
    - suresk 4y ago
      Context is important - for a random person wanting to keep up better on financial stuff, $2500/month is extremely pricey.
    - PhasmaFelis 4y ago
      > No, not when the cost helps you make/save money. I'm sure, but you recommended it to someone who just wanted to be more informed about financial news. For that person, it is extremely pricey.
- bobthepanda 4y ago
  And they charge good money for it too.
- lvl102 4y ago
  Twitter beats BBG nowadays. And it’s FREE! Elon, you listening bro?
bombcar 4y ago
The reality is that it's almost always not 'that' significant - if it is, you eventually hear about it. Your best bet is to find things like HN or commentators you like; remember, most of this is entertainment for you unless you're actively involved.
- chii 4y ago
  The OP is implying that by knowing such news earlier, they can take advantage of the information asymmetry to potentially arbitrage for profit (or to remove themselves from the risk earlier). Unfortunately, this, i believe, is not feasible for the average pleb who has no insider connection/information.
suresk 4y ago
I guess, why do you want to stay up to date on all sorts of stuff like this? It is more than any single human could reasonably process, even if they did it 24x7. Even people working in finance are going to be focused on fairly small areas defined by geography, industry, product type, etc..
- halpmeh 4y ago
  I would like to stay up-to-date on this stuff because I find it interesting. I don't want to consume every single piece of financial news possible, but I'd like to get better at identifying important trends happening in the market before they hit the mainstream news.
anm89 4y ago
For in depth china news I recommend: https://www.youtube.com/@ChinaUpdate https://www.youtube.com/@ChinaUpdate
creakingstairs 4y ago
I’d say Matt Levine’s newsletter is a pretty good start.
mathgenius 4y ago
Patrick Boyle on youtube is pretty good on this kind of thing. And the guy has just about the driest sense of humour i've ever seen. https://www.youtube.com/@PBoyle https://www.youtube.com/@PBoyle
WoahNoun 4y ago
The global paper of record for financial news (IMO) is the financial times. https://en.wikipedia.org/wiki/Financial_Times https://en.wikipedia.org/wiki/Financial_Times
rjbwork 4y ago
My two favorite sources for financial news are Matt Levine's Money Stuff column/newsletter[1], and Patrick Boyle on Finance on Youtube[2]. They're both quite funny. Both have a very dry wit, though Boyle moreso. [1] https://www.bloomberg.com/authors/ARbTQlRLRjE/matthew-s-levine https://www.bloomberg.com/authors/ARbTQlRLRjE/matthew-s-levi... [2] https://www.youtube.com/c/PatrickBoyleOnFinance https://www.youtube.com/c/PatrickBoyleOnFinance

FredPret 4y ago

The human economy is a complex animal. There is no simple way to understand it all

toomuchtodo 4y ago
Attempting to can be an enjoyable experience though.
- brookst 4y ago
  And an imperfect understanding is better than none.

xwdv 4y ago

Stocktwits

throwaway743 4y ago
Oh man... going to any one thread there... you can smell the marlboro reds and desperation through your screen

djbusby 4y ago

Bloomberg Terminal has a firehose of news, especially news about money things.

prox 4y ago
But that’s pretty pricey right?
- djbusby 4y ago
  No, not when the cost helps you make/save money. Like, would you pay $2500/mo to help you make $25000/mo? "Pricey" is subjective; and is only one number. You need another number to get the Ratio. Then we can see if Price > Gains; making $THING is expensive.
  - prox 4y ago
    Yeah, badly worded, sorry. A significant investment for some is probably more apt.
  - ravenstine 4y ago
    That can be said of many things. In the context of average joe HNer, that's pretty frickin' expensive.
  - suresk 4y ago
    Context is important - for a random person wanting to keep up better on financial stuff, $2500/month is extremely pricey.
  - PhasmaFelis 4y ago
    > No, not when the cost helps you make/save money. I'm sure, but you recommended it to someone who just wanted to be more informed about financial news. For that person, it is extremely pricey.
bobthepanda 4y ago
And they charge good money for it too.
lvl102 4y ago
Twitter beats BBG nowadays. And it’s FREE! Elon, you listening bro?

bombcar 4y ago

The reality is that it's almost always not 'that' significant - if it is, you eventually hear about it. Your best bet is to find things like HN or commentators you like; remember, most of this is entertainment for you unless you're actively involved.

chii 4y ago
The OP is implying that by knowing such news earlier, they can take advantage of the information asymmetry to potentially arbitrage for profit (or to remove themselves from the risk earlier). Unfortunately, this, i believe, is not feasible for the average pleb who has no insider connection/information.

suresk 4y ago

I guess, why do you want to stay up to date on all sorts of stuff like this? It is more than any single human could reasonably process, even if they did it 24x7. Even people working in finance are going to be focused on fairly small areas defined by geography, industry, product type, etc..

halpmeh 4y ago
I would like to stay up-to-date on this stuff because I find it interesting. I don't want to consume every single piece of financial news possible, but I'd like to get better at identifying important trends happening in the market before they hit the mainstream news.

anm89 4y ago

For in depth china news I recommend: https://www.youtube.com/@ChinaUpdate https://www.youtube.com/@ChinaUpdate

creakingstairs 4y ago

I’d say Matt Levine’s newsletter is a pretty good start.

mathgenius 4y ago

Patrick Boyle on youtube is pretty good on this kind of thing. And the guy has just about the driest sense of humour i've ever seen. https://www.youtube.com/@PBoyle https://www.youtube.com/@PBoyle

WoahNoun 4y ago

The global paper of record for financial news (IMO) is the financial times. https://en.wikipedia.org/wiki/Financial_Times https://en.wikipedia.org/wiki/Financial_Times

rjbwork 4y ago

My two favorite sources for financial news are Matt Levine's Money Stuff column/newsletter[1], and Patrick Boyle on Finance on Youtube[2]. They're both quite funny. Both have a very dry wit, though Boyle moreso. [1] https://www.bloomberg.com/authors/ARbTQlRLRjE/matthew-s-levine https://www.bloomberg.com/authors/ARbTQlRLRjE/matthew-s-levi... [2] https://www.youtube.com/c/PatrickBoyleOnFinance https://www.youtube.com/c/PatrickBoyleOnFinance