A recent article from CNBC shows that asset managers and hedge funds are becoming increasingly reluctant to pay for analyst research reports that they once relied on so heavily. In fact, data shows a 25% decrease from client spend on reports compared to a year earlier. While the importance and need for in-depth research and insight is by no means diminishing, the means in which traders are consuming and obtaining analyst intelligence is changing in a somewhat surprising way.
In nearly every meeting I have with prospects, they ask the same question:
“How is Wall Street Horizon’s corporate events data better than what we get with our ‘big box’ data terminal?”
Rather than hear from me, answers straight from our clients are far more impactful. After all, they’re the ones paying to use our data every day to inform their models, sharpen their strategies, and to gain an edge that helps them make money or avoid losing it.
Also published in Traders Magazine
We all know what body language is. The classic book Body Language by Julius Fast popularized the topic in 1970 and it has since sold over three million copies.
We all use non-verbal forms of communication with our posture, gestures and facial expressions. Sometimes it’s used consciously and purposefully, such as when a detective interrogates a suspect. But most often, it’s done subconsciously, like when a hiring manager is assessing a job candidate.