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WE’RE TALKING INVESTING AND USING BIG DATA. THERE IS PLENTY OF INFORMATION OUT THERE FOR YOU. WE TALKED ABOUT THE ISM REPORT IN ANOTHER SEGMENT. THE ISM REPORT IS FREE AT I-S-M DOT W-S. BUT YOU SHOULD READ OTHER REPORTS – LIKE THE JOBS REPORT. WE’RE TALKING WITH MICHAEL CARR OF PEAK PROFITS REPORT DOT-COM. AND HE SAYS IF YOU EXAMINE THE JOBS REPORT – AND NOT LISTEN TO THE MEDIA REPORTS – YOU MIGHT FIND A JOB OR AT LEAST MAKE YOUR JOB SEARCH MORE EFFICIENT.
“I would say read those reports. Don’t take for granted what the news article says. Read jobs report. See trends where you are more likely to get a job. What everyone is saying does drive the stock market.”
IRONICALLY I HEAR THE SAME ADVICE FROM MY INTEL SOURCES. THEY SAY READ AND WATCH EVEN THE EXTREMIST POINT OF VIEW – NOT TO AGREE WITH THEM – BUT TO SEE WHAT THE DIFFERENT OPINIONS AND IDEAS ARE THAT COULD AFFECT YOU. MIKE CARR HAS A GREAT STORY – YOU WILL HEAR IN A MOMENT – ABOUT USING DATA CORRECTLY WHILE HE WAS IN THE MILITARY ON THE NORTH AND SOUTH KOREA BORDER. WE GOT TO THAT STORY WHEN I ASKED HIM ABOUT WHAT NEWS ORGANIZATIONS HE THINKS WE SHOULD PAY MORE ATTENTION TO.
“What I would recommend if you’re an investor you have to read Bloomberg. Reports are long but important to read what Bloomberg thinks. Investors.com and MoneyNews.com employ factcheckers. Different spin to the news but the numbers are accurate. His experience in North Korea explains how group think can cause problems. Look at the data and understand what happened. China slowdown based on concrete. You can interpret events in a different way.”
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