Australian (ASX) Stock Market Forum

How do you feel about the financial news?

How do you feel about the availability/suitability of financial news in Australia?

  • Quality and depth of coverage is sufficient

    Votes: 8 19.5%
  • Big companies are well covered, but coverage isn't relevent to my needs/interests (or too expensive)

    Votes: 12 29.3%
  • Most of what's available doesn't meet my needs

    Votes: 3 7.3%
  • I don't care! It's not likely to be of any use anyway!

    Votes: 18 43.9%

  • Total voters
    41

doctorj

Hatchet Moderator
Joined
3 January 2005
Posts
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I'm interested in how people feel about the financial information they consume. It'd be good if people could take the time to answer the quick poll and if they feel comfortable, share what news sources they use and what gaps exist.
 
Generally for economic or markets specific announcements i think Asia falls a bit short....But i haven't subscribed to anything decent since i quit trading....

CanOz
 
Business Spectator and MarketWatch are pretty good and cover just about everything for free too.
 
The big end is well covered definitely. But going outside ASX200, coverage is few and far between.
 
Ticky rules!

Agreed that those stocks outside of the top 300 don't get a lot if any coverage.
 
Haha news - from one source pushing one message mmmm

I like to find as much information as possible.

Take that into account, then try and make decisions from that.

However I am not a billionaire so do not listen to me.

What I mean is that is I think we are better off creating our own news, for example voting with our dollars and starting our own trends, where possible.

Dictate to the market not the other way around.

Analyse the Euro zone, The US derivatives, Chinas Debt problems, and tie in the price of commodities and current sanctions on other nations and the mainstream media will have you believe everything is wonderful, keep consuming.

Ask your self where do they get their news from. My favourite site for new media, personally is infowars.com however I have already been called some wonderful names so each to their own. You must of course conduct your own research to decide what your opinion is ultimately.

But do we really all think the economy has been successfully regulated since the 2008 financial crisis. Noting here did the news help us pick up the 2008 gfc.

Here is an example of what non mainstream media will pick up on,
from CNBC

A recession worse than 2008 is coming
http://www.cnbc.com/2016/01/15/a-recession-worse-than-2008-is-coming-commentary.html

CNBC: A RECESSION WORSE THAN 2008 IS COMING
A recession has occurred in the U.S. about every five years on average...
http://www.infowars.com/cnbc-a-recession-worse-than-2008-is-coming/

source
A recession worse than 2008 is coming
http://www.cnbc.com/2016/01/15/a-recession-worse-than-2008-is-coming-commentary.html

But the website is labelled as a conspiracy website?

Maybe if you do a google search on it and believe the first thing you come across.
Sorry MOD I am doing it again, back on topic.

What I call mainstream media, is programming the masses with messages of it is ok, remain calm.

If news were more accurate regarding all topics then perhaps more people would trust it.

Sometime the best news is getting out and about in your community to see what is really happening.

On another note sometimes books can teach more than "news"

We Hold These Truths
The Hope Of Monetary Reform
by

Richard C. Cook

Actually predicted the 2008 GFC, if only I had of been reading his teaching back then.

Back to mainstream media, I believe they get funding and in exchange for that they have a narrative they must push, it is scripted and often repeated across several sites, hence my faith in mainstream media is dwindling. However they do sometimes get it right so not completely propaganda.

For example google brexit.

it may take some time until you find this article.

Brexit unlikely before 2019
https://euobserver.com/uk-referendum/134634

cited by an articles presented by

BREXIT UNLIKELY BEFORE 2019
New prime minister never said when it would actually happen...
http://www.infowars.com/brexit-unlikely-before-2019/

There are other sources besides the wall st journal and google that is all I am trying to present.
That is how I feel about the financial news.

I just hope I have made sense to someone else on this forum.

In closing,

Ha! US State Dept spokesman laughs hysterically at press briefing
https://www.youtube.com/watch?v=jjkb_eEn0Dw

I am sure everyone has seen this.
 
That's 3 different threads today you have been pumping this crappy website. You need to give it a rest or at least just keep spamming that one particular thread relevant to your proposed God of trading.

Do you have any favourite news websites?
 
Do you have any favourite news websites?

I like bloomberg, but get most of my news from my twitter feed....it's a mixed bag of economists / traders/ investors and news organizations...no populist crap.
 
Just every now and then, I like a bit of financial news. She would be one of my faves. What I do is sooo boring, cold and calculating - that I like to kick back and take in some decent interviews or what-have-you, of the people who are actually doing the business. Reminds me it's not just a stock ticker / horse-race / math equation. It's business. It's people. And; that matters.
 
Even I the finance market, it's quite hard to find reporting and journalism that isn't biased or skewed in some manner. All news seems to be influenced by whoever is funding the print at that point of time isn't it? It'll be hard to find somewhere to get reliable news information that hasn't been tainted by personal opinion. I'd like to see if anybody is able to find a good website that does this though so please continue to share links!
 
I like bloomberg, but get most of my news from my twitter feed....it's a mixed bag of economists / traders/ investors and news organizations...no populist crap.

Bloomberg is another great news website free of charge. Another thing I cannot help but notice. The Bloomberg news anchors are gorgeous. Perhaps a deliberate policy of Bloomberg.
 
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