Daily Forex has reviewed several forex blogs. A bit of digging through the list does reveal a few gems, such as Forex Crunch. It’s worth having a look.
Forex Blog Reviews | DailyForex.
Calculated Risk is a finance and economics blog authored by Bill McBride, a retired MBA and full-time blogger. He details some of the more prominent economic data releases, as well as sundry topics including transportation indicators and metals prices, and also covers speeches and other government events that can move the market. His blog particularly focuses on macro indicators such as unemployment, foreclosures, bankruptcy, and other critical aspects of the finance industry. He doesn’t just rely on others’ data releases though; Calculated Risk also features its own unofficial problem bank list, which McBride compiles from public sources.
Blog Name: Calculated Risk
URI: http://www.calculatedriskblog.com/
Author: Bill McBride
Editor’s Rating: 4.6 / 5
Loading ...This post contains artwork licensed under terms posted at Wikimedia Commons
Pragmatism is not exactly the avant garde of philosophical movements. In an ideal setting, utilitarianism simply dominates it. In many applications, though, the differences are quite minor; pragmatists and utilitarians generally agree on most things. Also, pragmatic notions are currently quite pervasive in our social constructs–from education, to the markets, to political structures, to the news media. An understanding of pragmatic approaches is essential to interpret these structures effectively.
With a focus on short-term market inefficiencies and risk, Pragmatic Capitalism covers some really interesting material. They employ some lesser-known market diagnostic tools and technical indicators in their analysis, as well as fundamentals. Many of their inferences are based on a variety of subscription datasets. Their interpretations of well-known data releases include honed and focused analysis of their immediate impacts and what they believe those releases mean to investors in coming days. In addition, they accept reader contributions. While the site disclaims any use of its information as investment advice, the authors have successfully identified asset classes with short term potential on occasion.
Blog Name: Pragmatic Capitalism
URI: http://www.pragcap.com/
Author: The Pragmatic Capitalist and contributers
Editor’s Rating: 4.4 / 5
Loading ...(In case you’re wondering, the man pictured above is Charles Sanders Peirce, father of the pragmatism movement.)
I spent a few hours yesterday looking around for market data blogs, and I noticed that most of them are very low quality, with authors often digressing for extended periods into manifesto-like expositions of neoclassical economics and the wisdom of Adam Smith or otherwise going for weeks without posting anything new, insightful, and on-topic. I am a big fan of neoclassicism, but frankly, I don’t need to read 50 posts expounding its doctrines to identify that Discover card publishes its own small business confidence survey or to find one opinion that Federal Reserve forecasts suffer from systematic bias.
Fortunately, there do exist a few high-quality blogs offering in-depth coverage of the vast topic of market data. Among these, Dr. Mark J. Perry’s Carpe Diem is one of the best. Dr. Perry provides a regularly updated look into some of each day’s most poignant data releases, along with news clips, charts, analysis, and a smattering of humor and political commentary.
Carpe Diem delves not only into those releases familiar to most investors but also investigates lesser-known datasets that provide an insightful view into into the present interactions of today’s economy. Have a look.
Blog Name: Carpe Diem
URI: http://mjperry.blogspot.com/
Author: Mark J. Perry
Editor’s Rating: 4.5 / 5
Loading ...This blog entry contains artwork licensed under terms posted at Wikimedia Commons.
