{
  "$schema": "https://newsletters.markets/publications.json",
  "name": "newsletters.markets — Financial Newsletter & Research Desk Index",
  "publisher": "MGCB International",
  "description": "Independent index of financial newsletters and research desks, classified by type, asset class, niche, price and founding year, and ranked on a 0-100 Research Authority Score.",
  "generated": "2026-10-04",
  "license": "Free to cite with attribution to newsletters.markets.",
  "methodology": "https://newsletters.markets/methodology — Primary-Source Rigour 35%, Niche Edge 25%, Track Record & Vintage 15%, Institutional Adoption 15%, Transparency & Independence 10%.",
  "total": 426,
  "statistics": {
    "medianEntryPriceMonthly": 33.25,
    "medianTopTierMonthly": 40,
    "freeOrFreemiumShare": 66.4,
    "medianFoundingYear": 2014,
    "analysisCount": 321,
    "tradingCount": 54,
    "mixedCount": 51
  },
  "study": "https://newsletters.markets/research/state-of-financial-newsletters-2026",
  "llms": "https://newsletters.markets/llms.txt",
  "badgeTool": "https://newsletters.markets/badges",
  "shortlists": [
    {
      "title": "Best Macro & Monetary Newsletters",
      "url": "https://newsletters.markets/best/best-macro-newsletters",
      "publications": 69,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Equity & Company Research Newsletters",
      "url": "https://newsletters.markets/best/best-equity-research-newsletters",
      "publications": 68,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best Trading, Flow & Positioning Newsletters",
      "url": "https://newsletters.markets/best/best-trading-newsletters",
      "publications": 99,
      "topPick": "KEDM — Kuppy's Event-Driven Monitor"
    },
    {
      "title": "Best Credit, Restructuring & Distressed Newsletters",
      "url": "https://newsletters.markets/best/best-credit-newsletters",
      "publications": 9,
      "topPick": "Pari Passu"
    },
    {
      "title": "Best Commodities & Energy Newsletters",
      "url": "https://newsletters.markets/best/best-commodities-newsletters",
      "publications": 12,
      "topPick": "Doomberg"
    },
    {
      "title": "Best FX & Rates Newsletters",
      "url": "https://newsletters.markets/best/best-fx-newsletters",
      "publications": 8,
      "topPick": "am/FX (Spectra Markets)"
    },
    {
      "title": "Best Quant, Data & Systematic Newsletters",
      "url": "https://newsletters.markets/best/best-quant-newsletters",
      "publications": 58,
      "topPick": "TradingView"
    },
    {
      "title": "Best Allocator, Wealth & Personal Finance Newsletters",
      "url": "https://newsletters.markets/best/best-wealth-newsletters",
      "publications": 61,
      "topPick": "Capital Allocators"
    },
    {
      "title": "Best Crypto & Digital Asset Research Newsletters",
      "url": "https://newsletters.markets/best/best-crypto-newsletters",
      "publications": 42,
      "topPick": "Lyn Alden Investment Strategy"
    },
    {
      "title": "Best European Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-european-newsletters",
      "publications": 27,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best UK Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-uk-newsletters",
      "publications": 37,
      "topPick": "Net Interest"
    },
    {
      "title": "Best US Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-us-newsletters",
      "publications": 313,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Free Financial Newsletters",
      "url": "https://newsletters.markets/best/best-free-financial-newsletters",
      "publications": 153,
      "topPick": "Money Stuff"
    },
    {
      "title": "Best Paid Financial Newsletters",
      "url": "https://newsletters.markets/best/best-paid-financial-newsletters",
      "publications": 124,
      "topPick": "Grant's Interest Rate Observer"
    },
    {
      "title": "Best Institutional Research & Data Platforms",
      "url": "https://newsletters.markets/best/best-institutional-research",
      "publications": 19,
      "topPick": "BCA Research"
    },
    {
      "title": "Best Financial Newsletters Under $50 per Month",
      "url": "https://newsletters.markets/best/best-cheap-financial-newsletters",
      "publications": 81,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Financial Analysis Newsletters",
      "url": "https://newsletters.markets/best/best-analysis-newsletters",
      "publications": 321,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best Trading-Type Newsletters & Flow Desks",
      "url": "https://newsletters.markets/best/best-trading-desk-newsletters",
      "publications": 54,
      "topPick": "am/FX (Spectra Markets)"
    },
    {
      "title": "Best Equities Newsletters",
      "url": "https://newsletters.markets/best/best-equities-newsletters",
      "publications": 171,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Fixed Income Newsletters",
      "url": "https://newsletters.markets/best/best-fixed-income-newsletters",
      "publications": 32,
      "topPick": "Conks"
    },
    {
      "title": "Best European Defense & Aerospace Research Desks",
      "url": "https://newsletters.markets/best/best-european-defense-newsletters",
      "publications": 1,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best Restructuring & Liability Management Newsletters",
      "url": "https://newsletters.markets/best/best-restructuring-newsletters",
      "publications": 9,
      "topPick": "Pari Passu"
    },
    {
      "title": "Best Monetary Dynamics & Liquidity Newsletters",
      "url": "https://newsletters.markets/best/best-monetary-dynamics-newsletters",
      "publications": 24,
      "topPick": "Net Interest"
    },
    {
      "title": "Best Semiconductor & AI Supply Chain Newsletters",
      "url": "https://newsletters.markets/best/best-semiconductor-newsletters",
      "publications": 79,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best China Research & Policy Newsletters",
      "url": "https://newsletters.markets/best/best-china-newsletters",
      "publications": 8,
      "topPick": "Gavekal Research"
    },
    {
      "title": "Best Financial Newsletters",
      "url": "https://newsletters.markets/best/best-financial-newsletters",
      "publications": 50,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Investing Newsletters on Substack",
      "url": "https://newsletters.markets/best/best-investing-newsletters-on-substack",
      "publications": 129,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Newsletters Like Doomberg",
      "url": "https://newsletters.markets/best/alternatives-to-doomberg",
      "publications": 17,
      "topPick": "Sinocism (Bill Bishop)"
    },
    {
      "title": "Newsletters Like The Diff",
      "url": "https://newsletters.markets/best/alternatives-to-the-diff",
      "publications": 25,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Newsletters Like Net Interest",
      "url": "https://newsletters.markets/best/alternatives-to-net-interest",
      "publications": 25,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Newsletters Like Citrini Research",
      "url": "https://newsletters.markets/best/alternatives-to-citrini-research",
      "publications": 25,
      "topPick": "Grant's Interest Rate Observer"
    },
    {
      "title": "Newsletters Like The Macro Compass",
      "url": "https://newsletters.markets/best/alternatives-to-macro-compass",
      "publications": 25,
      "topPick": "Citrini Research"
    },
    {
      "title": "Best Day Trading Newsletters & Trading Communities",
      "url": "https://newsletters.markets/best/best-day-trading-newsletters",
      "publications": 15,
      "topPick": "Warrior Trading"
    },
    {
      "title": "Best Trading & Investing Education Platforms",
      "url": "https://newsletters.markets/best/best-trading-education-platforms",
      "publications": 33,
      "topPick": "Zerodha Varsity"
    },
    {
      "title": "Best Proprietary Trading Firms & Funded Account Programs",
      "url": "https://newsletters.markets/best/best-prop-firms",
      "publications": 13,
      "topPick": "Topstep"
    },
    {
      "title": "Best Trading Journal & Performance Analytics Tools",
      "url": "https://newsletters.markets/best/best-trading-journals",
      "publications": 9,
      "topPick": "TradeZella"
    },
    {
      "title": "Best Options Flow & Dark Pool Tools",
      "url": "https://newsletters.markets/best/best-options-flow-tools",
      "publications": 38,
      "topPick": "Unusual Whales"
    },
    {
      "title": "Best Trading Psychology & Mindset Resources",
      "url": "https://newsletters.markets/best/best-trading-psychology-newsletters",
      "publications": 40,
      "topPick": "TMAD — Trading Mindset & Data"
    },
    {
      "title": "Best Stock Screeners & Financial Data Platforms",
      "url": "https://newsletters.markets/best/best-stock-screeners",
      "publications": 67,
      "topPick": "TradingView"
    },
    {
      "title": "Best Retail Trading Communities & Live Rooms",
      "url": "https://newsletters.markets/best/best-retail-trading-communities",
      "publications": 36,
      "topPick": "Lord Fed's Gazette"
    },
    {
      "title": "Best Futures Trading Education & Funded Programs",
      "url": "https://newsletters.markets/best/best-futures-trading-programs",
      "publications": 14,
      "topPick": "Topstep"
    },
    {
      "title": "Best Forex Education & FX Research Resources",
      "url": "https://newsletters.markets/best/best-forex-education-and-research",
      "publications": 17,
      "topPick": "BabyPips"
    },
    {
      "title": "Best Crypto Trading Tools & On-Chain Analytics",
      "url": "https://newsletters.markets/best/best-crypto-trading-tools",
      "publications": 36,
      "topPick": "Nansen"
    },
    {
      "title": "Best Quantitative Trading Platforms & Backtesters",
      "url": "https://newsletters.markets/best/best-quant-trading-platforms",
      "publications": 29,
      "topPick": "QuantConnect"
    },
    {
      "title": "Best Trading, Markets & Investing Podcasts",
      "url": "https://newsletters.markets/best/best-trading-podcasts",
      "publications": 25,
      "topPick": "Stratechery"
    },
    {
      "title": "TradingView Alternatives: Charting & Screening Platforms",
      "url": "https://newsletters.markets/best/alternatives-to-tradingview",
      "publications": 25,
      "topPick": "Finviz"
    },
    {
      "title": "Finviz Alternatives: Stock Screeners Compared",
      "url": "https://newsletters.markets/best/alternatives-to-finviz",
      "publications": 25,
      "topPick": "StockAnalysis"
    },
    {
      "title": "Koyfin Alternatives: Financial Data Terminals",
      "url": "https://newsletters.markets/best/alternatives-to-koyfin",
      "publications": 25,
      "topPick": "TradingView"
    },
    {
      "title": "Unusual Whales Alternatives: Options Flow Compared",
      "url": "https://newsletters.markets/best/alternatives-to-unusual-whales",
      "publications": 25,
      "topPick": "Cheddar Flow"
    },
    {
      "title": "Cheddar Flow Alternatives: Options Flow Platforms",
      "url": "https://newsletters.markets/best/alternatives-to-cheddar-flow",
      "publications": 25,
      "topPick": "Unusual Whales"
    },
    {
      "title": "Seeking Alpha Alternatives: Equity Research Platforms",
      "url": "https://newsletters.markets/best/alternatives-to-seeking-alpha",
      "publications": 25,
      "topPick": "The Information"
    },
    {
      "title": "Morningstar Alternatives: Fund & Equity Research",
      "url": "https://newsletters.markets/best/alternatives-to-morningstar",
      "publications": 25,
      "topPick": "Aurelion Research"
    },
    {
      "title": "Barchart Alternatives: Market Data & Options Screens",
      "url": "https://newsletters.markets/best/alternatives-to-barchart",
      "publications": 25,
      "topPick": "Finviz"
    },
    {
      "title": "tastylive Alternatives: Options Education & Platforms",
      "url": "https://newsletters.markets/best/alternatives-to-tastylive",
      "publications": 25,
      "topPick": "KEDM — Kuppy's Event-Driven Monitor"
    },
    {
      "title": "Bloomberg Terminal Alternatives: Retail-Accessible Data Platforms",
      "url": "https://newsletters.markets/best/bloomberg-terminal-alternatives",
      "publications": 58,
      "topPick": "Koyfin"
    },
    {
      "title": "Best Personal Finance Newsletters & Money Blogs",
      "url": "https://newsletters.markets/best/best-personal-finance-newsletters",
      "publications": 27,
      "topPick": "MoneySavingExpert"
    },
    {
      "title": "Best Dividend & Income Investing Newsletters",
      "url": "https://newsletters.markets/best/best-dividend-newsletters",
      "publications": 14,
      "topPick": "Sure Dividend"
    },
    {
      "title": "Best Index & Passive Investing Newsletters",
      "url": "https://newsletters.markets/best/best-index-investing-newsletters",
      "publications": 20,
      "topPick": "Bogleheads"
    },
    {
      "title": "Best Financial Independence (FIRE) Blogs & Newsletters",
      "url": "https://newsletters.markets/best/best-financial-independence-blogs",
      "publications": 4,
      "topPick": "ChooseFI"
    },
    {
      "title": "Best Real Estate & Property Investing Newsletters",
      "url": "https://newsletters.markets/best/best-real-estate-investing-newsletters",
      "publications": 6,
      "topPick": "Wolf Street"
    },
    {
      "title": "Best Bitcoin Research Newsletters",
      "url": "https://newsletters.markets/best/best-bitcoin-newsletters",
      "publications": 12,
      "topPick": "The Bitcoin Layer"
    },
    {
      "title": "Best AI, Compute & Semiconductor Stock Newsletters",
      "url": "https://newsletters.markets/best/best-ai-stock-newsletters",
      "publications": 8,
      "topPick": "SemiAnalysis"
    },
    {
      "title": "Best Gold, Silver & Mining Investment Newsletters",
      "url": "https://newsletters.markets/best/best-gold-and-mining-newsletters",
      "publications": 8,
      "topPick": "Kitco"
    },
    {
      "title": "Best Energy, Oil & Gas Newsletters",
      "url": "https://newsletters.markets/best/best-energy-newsletters",
      "publications": 7,
      "topPick": "Doomberg"
    },
    {
      "title": "Best Stock Market Newsletters for Beginners",
      "url": "https://newsletters.markets/best/best-stock-market-newsletters-for-beginners",
      "publications": 36,
      "topPick": "Investopedia"
    },
    {
      "title": "Best Free Investing Tools & Free Market Data",
      "url": "https://newsletters.markets/best/best-free-investing-tools",
      "publications": 20,
      "topPick": "CoinGecko"
    },
    {
      "title": "Best Financial Newsletters Under $20 per Month",
      "url": "https://newsletters.markets/best/best-newsletters-under-20-dollars",
      "publications": 9,
      "topPick": "Quartz Sea Research"
    },
    {
      "title": "Best FinTwit Accounts to Follow: Market Data & Research on X",
      "url": "https://newsletters.markets/best/best-fintwit-accounts-to-follow",
      "publications": 295,
      "topPick": "ZeroHedge"
    },
    {
      "title": "Best Asian Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-asian-newsletters",
      "publications": 28,
      "topPick": "Asian Century Stocks"
    },
    {
      "title": "Best Indian Investing Newsletters, Screeners & Apps",
      "url": "https://newsletters.markets/best/best-indian-investing-newsletters",
      "publications": 12,
      "topPick": "Zerodha Varsity"
    },
    {
      "title": "Best Australian Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-australian-investing-newsletters",
      "publications": 11,
      "topPick": "Livewire Markets"
    },
    {
      "title": "Best Canadian Financial Newsletters & Research Desks",
      "url": "https://newsletters.markets/best/best-canadian-investing-newsletters",
      "publications": 7,
      "topPick": "Visual Capitalist"
    },
    {
      "title": "Best Emerging Markets Financial Newsletters",
      "url": "https://newsletters.markets/best/best-emerging-markets-newsletters",
      "publications": 6,
      "topPick": "Investing.com"
    }
  ],
  "publications": [
    {
      "rank": 1,
      "rankTotal": 426,
      "percentile": 1,
      "name": "Citrini Research",
      "slug": "citrini-research",
      "url": "https://www.citriniresearch.com",
      "profile": "https://newsletters.markets/directory/citrini-research",
      "x": "citrini",
      "researchAuthorityScore": 99,
      "verified": true,
      "type": "mixed",
      "assetClasses": [
        "equities",
        "macro"
      ],
      "category": "macro_monetary",
      "categoryLabel": "Macro & Monetary Dynamics",
      "categoryRank": 1,
      "categoryTotal": 69,
      "niche": "Thematic equity megatrends & cross-asset macro",
      "priceSummary": "~$50/mo · $500/yr",
      "priceVerified": false,
      "access": "freemium",
      "founded": "2023",
      "region": "north_america",
      "countryCode": "US",
      "badgeSvg": "https://newsletters.markets/badge/dark/citrini-research",
      "badgeHtml": "<a href=\"https://newsletters.markets/directory/citrini-research?utm_source=badge&utm_medium=embed&ref=newsletters.markets\" target=\"_blank\" rel=\"noopener\"><img src=\"https://newsletters.markets/badge/dark/citrini-research\" alt=\"Citrini Research — ranked financial newsletter on newsletters.markets\" width=\"420\" height=\"140\" loading=\"lazy\" /></a>"
    },
    {
      "rank": 2,
      "rankTotal": 426,
      "percentile": 1,
      "name": "Quartz Sea Research",
      "slug": "quartz-sea-research",
      "url": "https://quartz-sea.com?utm_source=newsletters.markets&utm_medium=directory_listing&utm_campaign=terminal&ref=newsletters.markets",
      "profile": "https://newsletters.markets/directory/quartz-sea-research",
      "x": "QuartzResearch",
      "researchAuthorityScore": 98,
      "verified": true,
      "type": "analysis",
      "assetClasses": [
        "equities"
      ],
      "category": "equity_research",
      "categoryLabel": "Equity & Company Research",
      "categoryRank": 1,
      "categoryTotal": 68,
      "niche": "European defense & aerospace equities",
      "priceSummary": "Free · $30/mo · $500/mo · from $25,000/yr",
      "priceVerified": true,
      "access": "freemium",
      "founded": "2026",
      "region": "europe",
      "countryCode": "EU",
      "badgeSvg": "https://newsletters.markets/badge/dark/quartz-sea-research",
      "badgeHtml": "<a href=\"https://newsletters.markets/directory/quartz-sea-research?utm_source=badge&utm_medium=embed&ref=newsletters.markets\" target=\"_blank\" rel=\"noopener\"><img src=\"https://newsletters.markets/badge/dark/quartz-sea-research\" alt=\"Quartz Sea Research — ranked financial newsletter on newsletters.markets\" width=\"420\" height=\"140\" loading=\"lazy\" /></a>"
    },
    {
      "rank": 3,
      "rankTotal": 426,
      "percentile": 1,
      "name": "Doomberg",
      "slug": "doomberg",
      "url": "https://newsletter.doomberg.com",
      "profile": "https://newsletters.markets/directory/doomberg",
      "x": "DoombergT",
      "researchAuthorityScore": 97,
      "verified": true,
      "type": "analysis",
      "assetClasses": [
        "commodities",
        "macro"
      ],
      "category": "commodities_energy",
      "categoryLabel": "Commodities & Energy",
      "categoryRank": 1,
      "categoryTotal": 12,
      "niche": "Energy, hard assets & geopolitics",
      "priceSummary": "$400/yr · $1,200/yr",
      "priceVerified": true,
      "access": "freemium",
      "founded": "2021",
      "region": "north_america",
      "countryCode": "US",
      "badgeSvg": "https://newsletters.markets/badge/dark/doomberg",
      "badgeHtml": "<a href=\"https://newsletters.markets/directory/doomberg?utm_source=badge&utm_medium=embed&ref=newsletters.markets\" target=\"_blank\" rel=\"noopener\"><img src=\"https://newsletters.markets/badge/dark/doomberg\" alt=\"Doomberg — ranked financial newsletter on newsletters.markets\" width=\"420\" height=\"140\" loading=\"lazy\" /></a>"
    },
    {
      "rank": 4,
      "rankTotal": 426,
      "percentile": 1,
      "name": "Grant's Interest Rate Observer",
      "slug": "grants-interest-rate-observer",
      "url": "https://www.grantspub.com",
      "profile": "https://newsletters.markets/directory/grants-interest-rate-observer",
      "x": "grantspub",
      "researchAuthorityScore": 96,
      "verified": true,
      "type": "analysis",
      "assetClasses": [
        "fixed_income",
        "macro"
      ],
      "category": "macro_monetary",
      "categoryLabel": "Macro & Monetary Dynamics",
      "categoryRank": 2,
      "categoryTotal": 69,
      "niche": "Interest-rate cycles & credit",
      "priceSummary": "$2,085/yr",
      "priceVerified": true,
      "access": "paid",
      "founded": "1983",
      "region": "north_america",
      "countryCode": "US",
      "badgeSvg": "https://newsletters.markets/badge/dark/grants-interest-rate-observer",
      "badgeHtml": "<a href=\"https://newsletters.markets/directory/grants-interest-rate-observer?utm_source=badge&utm_medium=embed&ref=newsletters.markets\" target=\"_blank\" rel=\"noopener\"><img src=\"https://newsletters.markets/badge/dark/grants-interest-rate-observer\" alt=\"Grant's Interest Rate Observer — ranked financial newsletter on newsletters.markets\" width=\"420\" height=\"140\" loading=\"lazy\" /></a>"
    },
    {
      "rank": 5,
      "rankTotal": 426,
      "percentile": 2,
      "name": "Net Interest",
      "slug": "net-interest",
      "url": "https://www.netinterest.co",
      "profile": "https://newsletters.markets/directory/net-interest",
      "x": "MarcRuby",
      "researchAuthorityScore": 96,
      "verified": true,
      "type": "analysis",
      "assetClasses": [
        "equities"
      ],
      "category": "equity_research",
      "categoryLabel": "Equity & Company Research",
      "categoryRank": 2,
      "categoryTotal": 68,
      "niche": "Banks, fintech & the financial sector",
      "priceSummary": "$30/mo · $300/yr",
      "priceVerified": true,
      "access": "freemium",
      "founded": "2019",
      "region": "uk",
      "countryCode": "GB",
      "badgeSvg": "https://newsletters.markets/badge/dark/net-interest",
      "badgeHtml": "<a href=\"https://newsletters.markets/directory/net-interest?utm_source=badge&utm_medium=embed&ref=newsletters.markets\" target=\"_blank\" rel=\"noopener\"><img src=\"https://newsletters.markets/badge/dark/net-interest\" alt=\"Net Interest — ranked financial newsletter on newsletters.markets\" width=\"420\" height=\"140\" loading=\"lazy\" /></a>"
    },
    {
      "rank": 6,
      "rankTotal": 426,
      "percentile": 2,
      "name": "BCA Research",
      "slug": "bca-research",
      "url": "https://www.bcaresearch.com",
      "profile": "https://newsletters.markets/directory/bca-research",
      "x": "BCAResearch",
      "researchAuthorityScore": 95,
      "verified": false,
      "type": "analysis",
      "assetClasses": [
        "multi_asset",
        "macro"
      ],
      "category": "macro_monetary",
      "categoryLabel": "Macro & Monetary Dynamics",
      "categoryRank": 3,
      "categoryTotal": 69,
      "niche": "Global asset allocation",
      "priceSummary": "Institutional (quote)",
      "priceVerified": false,
      "access": "enterprise",
      "founded": "1949",
      "region": "north_america",
      "countryCode": "CA",
      "badgeSvg": "https://newsletters.markets/badge/dark/bca-research",
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}