Reported about 16 hours ago
Following President Trump's allegations of political bias in the Bureau of Labor Statistics (BLS) data, Wall Street is increasingly relying on private data sources to inform investment decisions. Investors are concerned about the potential politicization of BLS statistics, traditionally viewed as reliable, leading them to emphasize reports from private firms like ADP Research and ISM more significantly. This shift reflects a growing skepticism about the integrity of government data under the current administration, which could ultimately affect market confidence and valuations.
Source: YAHOO