David Bassanese - Chief Economist at Betashares - Some economic basics

Economic news or fear porn? Sometimes it's difficult to tell the difference. News media love our eyeballs and bad news is what grabs our attention. Bad news plays on our fear, uncertainty and doubt. Even when times are good, the media loves bad news. In this episode I asked David Bassanese to give us a quick education in basic economic concepts. It may provide some protection against those big words and numbers that can affect our investing. David Bassanese is Chief Economist with BetaShares, an independent Australian manager of exchange traded products (ETPs), with over $A23 billion in funds under management. Ex-Federal Treasury escapee and spent time sipping espressos at the Paris-based OECD. Also worked at Macquarie/Bankers Trust in senior market economist/strategist roles. Once wrote a column at the Australian Financial Review and co-founded Paris based Australian theme bar - Cafe Oz!Here's a link to the blog post and transcript: https://www.sharesforbeginners.com/blog/bassPortfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation Hosted on Acast. See acast.com/privacy for more information.