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Best Financial Newsletters

Insider's Guide to the Top Recommended Financial Newsletters ("Must-Read")

Best Financial Newsletters

Top Financial Newsletters Recommendations | 2026 Update

Financial newsletters are emailed straight to your inbox each morning, either on a daily or weekly basis.

Closely following the markets is a necessity for aspiring financiers and financiers alike.

However, not everyone has enough time in the day to read every page of the Wall Street Journal (WSJ) or the Financial Times (FT).

Fortunately, financial newsletters have emerged to ensure that people with limited time, or short attention spans, can remain informed.

The newsletters in our list of recommendations are delivered straight over email to your inbox and should serve as an easy, stress-free read while eating breakfast, on transit, etc.

That said, we still recommend making it a daily habit to consistently read the WSJ or Financial Times, or at the very least, skim the front page and major headlines.

Quick Disclaimer

Before we begin, we’d like to take a moment to mention that these recommendations are subjective and merely represent suggestions on a select number of newsletters.

Our top newsletter recommendations are not necessarily listed in any particular order.

In fact, each newsletter is worth checking out, because we’ve hand-picked only the highest-quality newsletters on the market at present.

1. What’s The Big Deal? | Wall Street Prep (Editor’s Pick)

Disclosure: What’s The Big Deal? is written and published by Wall Street Prep.

What’s The Big Deal? (WTBD) is a weekly newsletter covering the deals, firms, and trends actually moving capital around the world. Each Friday edition breaks down the week’s most consequential M&A transactions, IPO filings, private markets activity, and structural shifts across investment banking, private equity, and asset management.

The newsletter includes:

  • The WTBD Companion Podcast: hosted by Deborah Taylor (former Director at Barclays) and Graham Smith (former Principal at Ares), unpacking the deals and themes from each edition with the perspective of practitioners who have actually sat across the table.
  • What You Need To Know: a short-form rundown of the week’s biggest headlines across investment banking and the capital markets.
  • Deal of The Week: a detailed breakdown of the week’s most significant transaction, including deal structure, valuation metrics, financial advisors, and strategic rationale.
  • The Deal Sheet: additional M&A, capital markets, and private markets transactions worth knowing about.
  • Wall Street Primer: a step-by-step walkthrough of a core finance concept (merger models, LBO mechanics, accretion/dilution analysis, and similar) pulled from the same curriculum used at top investment banks and PE firms.

WTBD is purpose-built for practitioners who want more than headline coverage. The writing and the podcast tie deal activity back to the technical frameworks analysts and associates use day-to-day, reflecting the training DNA Wall Street Prep has built since 2004.

What's The Big Deal

2. Axios Pro Rata | Dan Primack

Starting off our independent recommendations is the daily Pro Rata newsletter written by Dan Primack, the business editor at Axios.

Dan Primack, formerly the senior editor of Fortune’s Term Sheet, is widely considered one of the most well-known columnists covering the intersection of Silicon Valley and Wall Street.

Axios Pro Rata provides comprehensive deal coverage ranging from venture capital (VC), private equity (PE) and mergers & acquisitions (M&A).

Axios Pro Rata

3. Money Stuff (Bloomberg) | Matt Levine

The Money Stuff newsletter, authored by Matt Levine (a columnist at Bloomberg), is a widely-read publication offering insightful commentary on a broad range of topics, including corporate finance (M&A), regulatory matters in business, and the state of the economy, among others.

The sharp analytical skills and thought-provoking commentary of Levine, a former investment banker at Goldman Sachs and M&A lawyer, has garnered a dedicated following among practitioners and casual finance enthusiasts alike.

The unique writing style of Levine, which blends wit and technical knowledge of intricate subject matters, is seldom come across.

Frequently, Levine writes on the idiosyncrasies of the financial markets, such as the collapse of FTX, and challenges the consensus, a rare attribute in news media publications nowadays.

Levine manages to deconstruct technical finance and legal jargon with ease, irrespective of the complexity of the underlying concepts, which is a testament to his exceptional talent at distilling onerous financial matters to make understanding the markets and current events more accessible to the finance community.

Money Stuff -- Matt Levine Newsletter

4. Quick Takes by Quilt | Financial Market Insights

Quick Takes by Quilt, a Gen AI financial data platform designed to accelerate financial research and investment diligence, offers real-time updates pertinent to the public equities market.

Timing is an information edge for investors in the public markets, particularly nowadays considering the fact that generating alpha (α), or investment returns in excess of the benchmark rate (S&P 500), has become increasingly difficult to achieve.

Quick Takes delivers quick, accurate, and contextualized financial news for investors, traders, and research analysts. Therefore, follow @quilttakes on Twitter (X) to stay informed on material market events with instant notifications on earnings announcements, mergers and acquisitions, product launches, executive leadership changes, and more.

The subscribers on a paid plan can opt to be notified of custom alerts and earnings summaries directly in their inbox, ensuring receipt of relevant information tailored, per their specific interests.

If your inbox is cluttered with irrelevant news, Quick Takes removes that inefficiency by conveying only the insights that matter (“trim the fat”), granting autonomy over the information received and eliminating the necessity to sift through superfluous text. The underlying sources can be directly accessed via the Quilt Labs platform for further analyses if deemed necessary.

Quick Takes by Quilt

5. Transacted | Private Equity Newsletter

Transacted, a newsletter that covers the private markets in particular, has quickly established itself as one of the top publications in its niche since launching in mid-2023.

The pseudonymous writer that pens the newsletter (evidently a former practitioner with experience in investment banking and private equity) provides insights of exceptional quality and depth, setting Transacted apart from its competitors.

Contrary to the standard curation format with minimal commentary, the Transacted newsletter structure resembles deal summaries, offering detailed yet succinct analyses of recent M&A deals and trends with regard to developing investment themes and fundraising in the private markets.

Considering its continued growth trajectory, the Transacted media brand has established itself as a recognized name among investment professionals, particularly across the private equity industry.

Transacted Private Equity Newsletter

6. Exec Sum | Litquidity

Exec Sum is a newsletter published by Litquidity, the anonymous financial-meme account that rose to prominence amid the pandemic and the surge in retail investing.

The newsletter strikes the right balance between curating top daily news and injecting humor, a unique approach that is evidently working, as confirmed by its growth in readership.

In particular, the direct writing approach sets the Exec Sum newsletter apart, which can be described as a compressed version of Pro Rata, albeit a much lighter (and more entertaining) read.

The concise writing style of Exec Sum creates a more enjoyable reading experience and provides the opportunity to decompress and scroll through some memes before starting the day.

Exec Sum Litquidity

7. The Daily Upside | Patrick Trousdale

The Daily Upside, founded by former investment banker Patrick Trousdale, is a daily newsletter covering business, finance, and economics. Its flagship edition reaches over 1 million subscribers and has become one of the most widely-read finance newsletters on the market.

What sets The Daily Upside apart is its editorial approach: rather than summarizing the day’s headlines in isolation, the team grounds each story in broader structural trends, helping readers understand not just what happened but why it matters on a three-to-five-year horizon. The writing is sharp, economical, and aimed at sophisticated readers rather than general consumer audiences.

The publisher has since expanded into specialized verticals, including FA Upside (for financial advisors), Power Corridor (political and economic figures shaping the U.S. economy), and Patent Drop (tech and IP coverage). For professionals who want a single credible daily read on markets and the broader business landscape, the flagship is a strong starting point.

The Daily Upside Newsletter

8. Snacks (Sherwood) | Sherwood Media

Snacks is the flagship daily markets and business newsletter from Sherwood News, the independent media subsidiary of Robinhood launched in 2024 under former Verge and Bloomberg editor Joshua Topolsky. Snacks has one of the largest newsletter audiences in the U.S., with readership in the tens of millions.

The writing is deliberately accessible, using short narratives, clear framing, and minimal jargon without sacrificing analytical rigor. Each edition covers the most significant market-moving stories of the day alongside lighter business and culture coverage, giving readers a complete morning briefing in roughly a five-minute read.

Following Sherwood’s 2024 acquisition of UK-based Chartr, the newsletter now integrates data visualization into its daily coverage, a differentiator for readers who want to see trends rather than just read about them. Sherwood’s editorial team operates independently of Robinhood, with standard disclosures on any coverage of the parent company.

Snacks is best suited for readers who want a broad, well-written daily briefing that covers markets without requiring specialist knowledge. It pairs well with one of the more targeted newsletters on this list for deeper sector coverage.

Snacks Sherwood Newsletter

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