Some Economics with your breakfast

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AimHigh
AimHigh Posts: 135 Forumite
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in Savings & investments
Morning all,

Appreciate this is a subjective question but I was just wondering what websites/papers/resources people use on a daily basis to see what might be affecting the economic landscape?

I know Warren Buffett (amongst others) talks about how much reading he does but I wondered what the daily routines for the average person whose day job can't revolve around wading through news etc., might be.

I'm certainly not knowledgeable enough yet to scan headlines without spending time investigating the potential economic impact and equally fall foul to sensationalism at times. Hopefully that'll change with experience...

So, what resource(s) do you use and can anyone recommend (subjective) some that provide accurate and balanced info rather than OTT headlines to sell a few papers?

AH
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  • System
    System Posts: 178,094 Community Admin
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    FT and Bloomberg.
  • ColdIron
    ColdIron Posts: 9,054 Forumite
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    edited 8 May 2018 at 11:19AM
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    Citywire has a number of short and digestible news outlets, sign up for email alerts and choose the articles you want to read from the headlines

    http://citywire.co.uk/money
    http://citywire.co.uk/wealth-manager
    http://citywire.co.uk/investment-trust-insider
  • AimHigh
    AimHigh Posts: 135 Forumite
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    Economic wrote: »
    FT and Bloomberg.

    I do like FT. Frustratingly my comp didn't renew their subscription this year though :(
    ColdIron wrote: »
    Citywire has a number of short and digestible news outlets, sign up for email alerts and chose the articles you want to read from the headlines

    http://citywire.co.uk/money
    http://citywire.co.uk/wealth-manager
    http://citywire.co.uk/investment-trust-insider

    Thanks ColdIron, will take a look :)
  • firestone
    firestone Posts: 520 Forumite
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    Trustnet also have new articles every day
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    firestone wrote: »
    Trustnet also have new articles every day

    Yes, though much of their content is soundbites and advertorial from fund managers or investment platforms, which doesn't hurt if you just want somewhere to start with some facts or opinions -but you do need to put some effort into sorting the wheat from the chaff to get an unbiased take on things.

    I like Deloitte's Monday Briefing - they pick a short economics topic for a few paragraphs each Monday morning on their blog, but if you sign up to have it emailed to your inbox it also comes with bullet point key financial/economic headlines of the week - the bullet point stuff is just the headlines, no fluff, bit of humour in the signoff. And every summer or Christmas if they take a week or two off from producing content they give you a reading list of decent articles or books that have caught their eye. http://blogs.deloitte.co.uk/mondaybriefing/

    Other large professional firms are active in producing economic reviews or surveys and interpretations of them, eg EY's ITEM club. And who could forget the Economist, much better quality than the business pages of the free papers, but, not cheap to sign up to a year's worth. I'd prefer it to be monthly as I don't really have time to read a whole one every week, better to borrow one from someone else!
  • firestone
    firestone Posts: 520 Forumite
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    By borrow you mean read in WH Smiths?:)
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    firestone wrote: »
    By borrow you mean read in WH Smiths?:)

    Like a typical lengthy bowlhead99 post, it's best read when you're sitting down with time to get your head around it. :)

    If you subscribe and get it every week you will probably not get through it every single week and then they start to build up. I ended up dropping my subscription as it started to feel like a bit of a chore to make time for them, which is not what you want for something you're reading for self improvement rather than work. Yet if I wasn't going to read them I was thinking of the £15 a month subscription l could be spending on something else.

    See if you can get your local library to stock them (if you use one) or your employer to subscribe to stick them in an office somewhere along with whatever other industry press for your type of business, to give you something to do with your lunchtime when the mood takes.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    None of them. Unless you are a day trader todays news doesnt matter, and if you are, its too late.
  • AimHigh
    AimHigh Posts: 135 Forumite
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    bowlhead99 wrote: »
    Yes, though much of their content is soundbites and advertorial from fund managers or investment platforms, which doesn't hurt if you just want somewhere to start with some facts or opinions -but you do need to put some effort into sorting the wheat from the chaff to get an unbiased take on things.

    I like Deloitte's Monday Briefing - they pick a short economics topic for a few paragraphs each Monday morning on their blog, but if you sign up to have it emailed to your inbox it also comes with bullet point key financial/economic headlines of the week - the bullet point stuff is just the headlines, no fluff, bit of humour in the signoff. And every summer or Christmas if they take a week or two off from producing content they give you a reading list of decent articles or books that have caught their eye. http://blogs.deloitte.co.uk/mondaybriefing/

    Other large professional firms are active in producing economic reviews or surveys and interpretations of them, eg EY's ITEM club. And who could forget the Economist, much better quality than the business pages of the free papers, but, not cheap to sign up to a year's worth. I'd prefer it to be monthly as I don't really have time to read a whole one every week, better to borrow one from someone else!

    That sounds like exactly the type of resource that I would benefit from so many thanks.
    AnotherJoe wrote: »
    None of them. Unless you are a day trader todays news doesnt matter, and if you are, its too late.

    I understand your point but don't think it can hurt to keep on top of current events for both "self improvement" (thanks bowlhead99) and spotting overall trends that are bound to impact your investment and life decisions eventually.
  • Ifts
    Ifts Posts: 1,951 Forumite
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    I use http://www.digitallook.com or their new website that they are moving over to - https://uk.webfg.com/ (I preferred the old website layout!).

    Also use http://citywire.co.uk/money/latest-news - as ColdIron mentions it has easy to digest articles.
    Never let the perfume of the premium overpower the odour of the risk
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