ย #FinancialJobs #MarketKnowledge #SIEExam
Hey all! ๐ So, I’m knee-deep in the world of applying and interviewing for various financial jobs, and I want to step up my game when it comes to current market knowledge. I already have a solid foundation, but I’m always looking for ways to improve and stand out in interviews.
Here are some suggestions for spending 30 minutes to an hour a day to boost your market expertise:
– Listen to financial podcasts during your commute or lunch break ๐ง
– Read market news articles or subscribe to daily market newsletters ๐ฐ
– Take online courses or webinars on specific market topics ๐
– Follow influential finance professionals on social media for insights and analysis ๐ก
Also, huge congrats on passing the SIE exam! That’s definitely a feather in your cap. Keep up the great work and you’ll be a market whiz in no time! Good luck with your interviews! ๐ #MarketMaven #FinanceInterviews
Matt Levine’s Money stuff newsletter from Bloomberg – picks up daily headlines & gives background. One of the best writers on the street (former banker & lawyer) does a great job breaking down complicated stuff & gives it a funny twist.
“Exec Sum” from litquidity (+ Litquidity on instagram for the memes)
Actually, work on your interviewing skills. YouTube has some really good videos on finance interviews, employers are looking for buzzwords.
Also, I know this may seem off-topic (I’m not sure what financial field you are going into), but learn your history, learn about the Sarbanes-Oxley Act, and learn about the 2008 financial crisis. Reading books and learning about the past, I believe it can give you the edge.
Good luck!
Sign up for the WSJ AM Market email if you are a subscriber.
Btw don’t consider the SIE as any sort of leverage, think of it like a driver’s test where no one cares if you passed it but only care if you fail. You can try listening to podcasts like Odd Lots when you have free time to just keep up to date with the market, but core focus should just be on interview prep
If you’re being a generalist (not set on a specific function), pick a few prominent economists/strategists (e.g. Timmer, Rosenberg). Follow them, read the news, compare what actually happens to their published thoughts and reasoning. Write down your investment philosophy every few months or whenever it majorly changes to see how it develops over time, too.
Get an overview of broad themes.
Weekly/monthly/quarterly outlooks and market commentaries are great for this. Blackrock is great for this. Schwab also has these shorter term commentaries that touch major assets.
Wall Street breakfast by SeekingAlpha is great for daily headlines. They have a podcast as well so you can just listen to it on commute or as you get ready in the morning.
Does your college have access to Bloomberg Terminals? I used DAYB <GO> all the time in college when I was interviewing for credit research roles. Morning Brew is probably good, scan WSJ headlines daily.
The secret to being up to date is not reading hundreds of articles – it’s quick glances daily and consistently so you have a baseline and can recognize trends. I’d also try to know what important rates are – target fed funds, 10 year treasury, WTI, etc. The more you know / can ballpark the better if you’re shooting for any S&T roles
You can get a 12 week sub to wsj print for $12, the day before you can cancel and do the same thing againโฆ Iโve been doing this for years so paying $1 a week for WSJโฆ read at night before you go to bed if too busy during the day
Great sources, does anyone have suggestions for more specific market news related to fixed income or mbs?
As a supplement to daily market podcasts, Wall Street Skinny podcasts are very detailed and helpful if you are interviewing. Whole suite of ones that provide background on different roles in the bank and the knowledge required for them.
Read the headlines, read the top articles, if you donโt understand something, look it up and try to really understand it (like why are the Frenchies selling off?). Just top stories and what the indices have done.
The Wall Street Journal