"Big Picture" learning resource?

[kmiklas]

Gm Peeps,

Can anyone recommend a good learning resource (book, vid, etc) for how the different markets fit together?

I feel like we focus so much on a subset of markets (U.S. Equities, Options, Gold, maybe Forex and a few others). There's so much more out there, and they all fit together. The "institutional" markets are rather opaque in many ways: Fixed Income, MBS, Repo, IRS, CDS... and many more. Also, not just the U.S. markets: Eurobonds, China, Argentina, Brazil... markets across the world.

Anything that you know of which looks at the World markets "as a whole," and talks about how they fit together and influence each other, and how to gain more visibility into them?

Thanks,
Keith

 

[MrMuppet]

The first thing you should do is getting a copy of Stigums Money Market by...you gessed it Marcia Stigum and Anthony Creszenzi.

This should give you an idea how this market works and what's going on under the hood. The equities market is just a tiny subset compared to whats going on in the world of insurance and debt.

It's expensive, but it's 1100 pages of quality content.

For fitting together different markets...well, that's actually your job as a trader to figure that out. The relationships are insanely complex so understanding them is huge edge. Like how shipping rates influence certain stocks and what influences shipping rates.

That are two hops of delay that gives you a pretty big lead for your decisions.
There is no book or source that uncovers all of them. It's literally the worlds economy

 

[Sekiyo]

Gm Peeps,

Can anyone recommend a good learning resource (book, vid, etc) for how the different markets fit together?

I feel like we focus so much on a subset of markets (U.S. Equities, Options, Gold, maybe Forex and a few others). There's so much more out there, and they all fit together. The "institutional" markets are rather opaque in many ways: Fixed Income, MBS, Repo, IRS, CDS... and many more. Also, not just the U.S. markets: Eurobonds, China, Argentina, Brazil... markets across the world.

Anything that you know of which looks at the World markets "as a whole," and talks about how they fit together and influence each other, and how to gain more visibility into them?

Thanks,
Keith

economicprinciples.org, Principles: Life and Work, Ray Dalio
Mastering the Market Cycle: Getting the Odds on Your Side, Ray Dalio's recommendation
The Little Book of the Business Cycle, Raoul Pal
The Alchemy of Finance, George Soros

Some random links
https://fx-arabia.com/vb/uploaded/178_11291668032.pdf
https://b-ok.cc/book/686484/45a1a9

 

[murray t turtle]

The first thing you should do is getting a copy of Stigums Money Market by...you gessed it Marcia Stigum and Anthony Creszenzi.

This should give you an idea how this market works and what's going on under the hood. The equities market is just a tiny subset compared to whats going on in the world of insurance and debt.

It's expensive, but it's 1100 pages of quality content.

For fitting together different markets...well, that's actually your job as a trader to figure that out. The relationships are insanely complex so understanding them is huge edge. Like how shipping rates influence certain stocks and what influences shipping rates.

That are two hops of delay that gives you a pretty big lead for your decisions.
There is no book or source that uncovers all of them. It's literally the worlds economy

%%
Rainfall+ grain harvest impacts shipping rates a lot on inland waterways;
+much cheaper than truck + rail. Many of those companies are private..........IBD[Name of newspaper changed to Investors Business Weekly [ IBD/IBW has more info than most want; but tends to be better /more accurate than WSJ.]
I hate to throw any IBD or all WSJ away; so i clip+paste paper stuff i'm interested in.

Some of the old papers are more up to date than today's paper.Stocks look like 1999 or 2009, to me .[JAN 4,IBD, 2010 Headline = Bonds Fall in 2009 Finale....Worst Annual showing since 1999.
Not a prediction; QQQ is still nicely above 200dma; DAL sector nicely below 200dma .

 

[MrMuppet]

%%
Rainfall+ grain harvest impacts shipping rates a lot on inland waterways;
+much cheaper than truck + rail. Many of those companies are private..........IBD[Name of newspaper changed to Investors Business Weekly [ IBD/IBW has more info than most want; but tends to be better /more accurate than WSJ.]
I hate to throw any IBD or all WSJ away; so i clip+paste paper stuff i'm interested in.

Some of the old papers are more up to date than today's paper.Stocks look like 1999 or 2009, to me .[JAN 4,IBD, 2010 Headline = Bonds Fall in 2009 Finale....Worst Annual showing since 1999.
Not a prediction; QQQ is still nicely above 200dma; DAL sector nicely below 200dma .

Exactly what I was trying to say. In the end you have to have an idea what's going on under the hood. It's not just charts. You have to have an understanding of your markets in order to anticipate the next move and lean on flow.