Informal Economics for Traders, Ep. 5: Never Be Fooled by Misleading Headlines Again, Ft. Eric Mason

Informal Economics for Traders, Ep. 5: Never Be Fooled by Misleading Headlines Again, Ft. Eric Mason

Author: China Shop Productions August 1, 2024 Duration: 1:04:33

In the penultimate episode of Informal Economics, Eric Mason is back to analyze some recent major Economics News to show how uniformed reporting can distort what the actual data is showing. Eric gives us three steps to help us see through the sensationalized headlines: line up incentives, focus on the real variables of the data and seek clarity. He then walks us through two real world examples, including the “crisis” in Argentina and the DOJ’s lawsuit against Apple to show us how to apply the concepts. Eric fields a listener question about a BTC strategic reserve before sharing some of his favorite sources for unbiased reporting

Eric’s Favorite News Sources:

PolyMatter - https://www.youtube.com/@PolyMatter

Visual Politik - https://www.youtube.com/@VisualPolitikEN

Visual Economik - https://www.youtube.com/@visualeconomiken

TLDR News - https://www.youtube.com/@TLDRnews

If you have any questions for Eric to answer in the next episode, please send them to bandoftraderspodcast@gmail.com, or DM us on twitter or Discord!

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About Eric:

Eric is a practicing labor economist, who currently works as a chief financial officer for the city of Quincy, Ma. His area of research focuses primarily on small business and macroeconomics trends. Eric has a special interest in historical economics, cliometrics and steers clear of ideological hardlines, preferring to use empirical analysis in his appearances.

TheInformalEconomist.com - Eric Mason's Website

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There's a common belief that trading is a solitary pursuit, but Band of Traders-Together We Trade operates on a different principle. This podcast, from China Shop Productions, argues that real success is built on a blend of sharp education and genuine community. Each episode feels like a candid conversation with experienced traders and analysts, offering no-nonsense insights into the markets without sugarcoating the realities of risk and reward. The tone is surprisingly accessible, often weaving in humor and relatable stories that make complex topics in investing and business feel less intimidating. You'll hear practical strategies, breakdowns of current news, and honest reflections on both wins and losses, all aimed at sharpening your skills regardless of your experience level. It’s this unique mix of business education, timely news analysis, and comedic relief that defines the show. More than just a podcast, it serves as the audio companion to a thriving, supportive community where motivation and camaraderie are just as important as chart patterns. Tune in to find your place in a band that believes we trade better together.
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