"Macro Investment: the best websites to get informed"

Macroeconomic investment (or "macro-investment") is a strategy based on analyzing major economic, political, and social trends. Unlike approaches more focused on individual stocks (stock picking), the macro-investor examines global dynamics to make long-term decisions.

This method suits patient and strategic investors who want to build their wealth passively and sustainably. For more details, you can check my article on introduction to macro investing.

90% of financial websites focus on investment vehicles or stock picking. Quality sites on macro topics are quite rare (choosing asset allocation). Hence, this guide.

Selection Criteria

• No stock picking (90% of newsletters on the internet)
• No daily updates, monthly at most
• Focus on asset classes and ETFs, not specific companies
• Only the best sources

Essential Economic Data

Sources of Raw Data

1. Trading Economics
   • Clear and precise data on global economic indicators
   • Specialized sections for the Eurozone and the United States
2. FRED (Federal Reserve Economic Data)
   • A goldmine for historical and current economic data
   • Ideal for analyzing long-term trends

Key Indicators to Monitor

1. Euro/Dollar Evolution
   • Monitor on FX Empire
   • Invest in the currency showing an upward trend
2. Global Interest Rates
   • Eurozone
   • United Kingdom
   • United States
   • Worldwide
3. Yield Spreads
   • Spread between Corporate and Treasury bonds
4. Benchmark Interest Rates
   • FED
   • ECB
5. Inflation
   • United States
   • Eurozone

Market Analysis Platforms

1. Investing.com
   • Real-time data
   • Tailored technical analysis
2. Refinitiv
   • Premium solution for deep analyses
   • Professional tools
3. Macro Hive
   • Specialized macroeconomic analyses
   • In-depth research
4. CurrentMarketValuation
   • Includes the Buffett Indicator

Reference Newsletters

1. The Daily Shot
   • Daily visual summaries
   • Economic and financial trends
2. Macro Voices
   • Newsletter + podcast
   • YouTube Channel
3. Humble Dollar
   • Focus on individual investment
   • Educational approach
4. Lyn Alden
   • In-depth analyses
   • Detailed investment strategies
5. Vanguard Insights
   • Institutional market perspectives
   • Strategic analyses
6. Other Notable Newsletters
   • The Macro Tourist
   • The Macro Compass
   • MacroAlf
   • Zeihan Newsletter
   • Seeking Alpha - Portfolio Strategy
   • Morningstar

Institutional Market Reports

1. Indosuez
   • Annual macro report
   • Version 2024
2. BNP Paribas
   • Detailed monthly reports
3. Russell Investments
   • Monthly asset allocation
4. GMO
   • In-depth quarterly reports

Note: Additional reports are regularly shared on r/SecurityAnalysis. Most are about stock picking but there are gems from time to time. I've been lucky in the past with studies from Goldman Sachs.

Blogs and Community Resources

French Blogs

• Épargnant 3.0
• Rich and Independent
• Wise Money

English Blogs

• Zero Hedge
• Macro Ops
• Financial Samurai
• Reddit (r/FinancialIndependence and r/Economics)

YouTube Channels

• Ben Felix
• Macro Voices
• BlockWorks Group

Communities and Forums

French Forums

• Hardware.fr
• Avenue des Investisseurs
• r/vosfinances
• Moneyvox
• Happy Investors
• Finary

International Forums

• Long Angle
• Private Investor
• Bogleheads

Conclusion

Macroeconomic investment is an approach that rewards patience and continuous learning. The resources presented here provide a solid foundation for developing your long-term investment strategy.

To build a strong and prosperous financial future, do not hesitate to:

• Regularly consult these sources
• Cross-check information
• Adapt your strategy according to observed trends
• Maintain a disciplined and patient approach