If you want long term trend data, it’s easy to get good data for free. It’ll be boring and most trends will be positive (thank our lucky stars we live in the technological era). Unless you have a real passion, you’ll most likely not visit one of these sources twice (World Bank, IMF, FRED in the USA, tradingeconomics.com, the SEC)
If you want short term, real-time data, you’ll likely have to pay for it. The downside is that there’s a deluge of data and almost all of it is useless (unless you care about up-to-the-minute prices for beans in China or whatever).
The job of journalists is to mine all this info for something sensational or, failing that, spin some short term data bump into a big story.
Way back in the 1940’s, there was so little data out there that the WSJ could simply print all the current market events and call it a newspaper. There was so little entertainment out there, that people bought and read that paper!
Information dissemination remains an unsolved problem.
If you want long term trend data, it’s easy to get good data for free. It’ll be boring and most trends will be positive (thank our lucky stars we live in the technological era). Unless you have a real passion, you’ll most likely not visit one of these sources twice (World Bank, IMF, FRED in the USA, tradingeconomics.com, the SEC)
If you want short term, real-time data, you’ll likely have to pay for it. The downside is that there’s a deluge of data and almost all of it is useless (unless you care about up-to-the-minute prices for beans in China or whatever).
The job of journalists is to mine all this info for something sensational or, failing that, spin some short term data bump into a big story.
Way back in the 1940’s, there was so little data out there that the WSJ could simply print all the current market events and call it a newspaper. There was so little entertainment out there, that people bought and read that paper!
Information dissemination remains an unsolved problem.