Reported about 16 hours ago
The quality of economic data is deteriorating, as highlighted by recent adjustments to key labor statistics and hiring freezes at the Bureau of Labor Statistics (BLS), which may lead to less reliable inflation reports. Investors should be cautious, relying on broader trends rather than single data points, as earnings reports from publicly traded companies remain the more dependable indicator of market performance. While the U.S. economy shows signs of cooling, a good earnings outlook and continued consumer demand suggest resilience, though risks remain. Long-term investment strategies are essential as market volatility persists.
Source: YAHOO