What Are You Reading This Holiday Weekend?
What have you planned for the Fourth of July weekend?
Fireworks, boating, grilled hot dogs and hamburgers, cold adult beverages, some quality time with friends and family?
Of course, I enjoy all of the above.
But one of my favorite holiday activities is to just kick back and read a good book.
My work requires a ton of reading, but I have scant time for pleasure reading. I spend two to four hours every day reading up on current events, business news, stock market developments and earnings reports.
Nothing is more powerful than knowledge, especially when it comes to investing.
So, here’s a list of my favorite investment news sources, broken down into three categories.
Category No. 1: Macroeconomic News
John Mauldin, “Thoughts From the Frontline”: Economists are usually verbose and almost always difficult to understand. Not Mauldin. He breaks down important economic news into easy-to-understand, actionable advice with his weekly service.
Frank Holmes, “Frank Talk”: Holmes is the CEO of U.S. Global Funds. He’s one of the most knowledgeable precious metals, natural resource and cryptocurrency investors on the planet.
Barry Ritholtz, “The Big Picture”: You’ve seen him on CNBC, but the way he connects stock market history with current market moves makes Ritholtz one of the best in the business.
David Stockman, “Contra Corner”: Stockman was Director of the Office of Management and Budget under President Ronald Reagan. There’s a definite bearish streak to his commentary, but his nearly daily blog is a reality check that every bullish investor should pay attention to.
Gary Halbert, “Forecasts & Trends”: Each week, Halbert drills down into one current, important piece of economic news and delivers detailed insights you’ll seldom find anywhere else.
Category No. 2: Market Timing News
Steve Blumenthal, “On My Radar”: Very few market timers publish their “buy” and “sell” recommendations for the world to see. But, when you’ve been successfully timing the market for as many decades as Blumenthal has, you’re proud to show off your excellent work.
Kay Van-Petersen, “Saxo Bank”: Van-Petersen is based in Singapore, and that gives him a very different view of the world than the rest of the pinstripe suit crowd in Manhattan. His currency analysis is top-notch.
Eddy Elfenbein, “Crossing Wall Street”: If you’re looking for specific “buy” and “sell” ideas on individual stocks to help with your own due diligence, this is the blog for you.
Category No. 3: Twitter Feeds
David Rosenberg: “Rosie” is one of the most respected economists in the world, and his several-times-a-day tweets are filled with pure investment gold.
Steph Pomboy: Steph is so highly respected that institutional investors pay thousands to get her advice. But her Twitter, Inc. (NYSE: TWTR) feed is free. Read it!
Neil Howe: He’s the ultimate authority on demographics and how they affect the economy and stock market. His feed is pure gold.
Jesse Felder: Felder put in 20 years at Bear Stearns and ran a multibillion-dollar hedge fund. Now, he’s sharing his knowledge and experience with the people ... enough said.
Fred Hickey: When it comes to tech stocks, there may not be a better analyst than Hickey. Give him a follow.
Tony Sagami: Yes, I also have a Twitter account where I post what I think are the most important investment news stories of the day, with a strong emphasis on capital preservation.
Remember, knowledge is power, and these free services will go a long way to help you become a better investor.