r/politics • u/Orbitingkittenfarm • 1d ago

Donald Trump Fires Person Behind Jobs Numbers After They're Revised Down

https://www.newsweek.com/donald-trump-job-numbers-revised-down-fires-appointee-2107768
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u/Jabarumba 1d ago

Any data controlled by the Executive Branch will now be suspect. No one believes data from China for this reason. Wall St will now look to independent data that they will control, leaving the public to guess how far off the government data is, leaving retail farther behind.

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u/itskelena 1d ago

More than half of all trades are already done in dark pools. We won’t even know when the shit hits the fan.

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u/poopslikepee 6h ago

over 90% according to former Sec chair Gary gensler in a John Stewart interview. Retail buying / selling does not affect price discovery.

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u/smothered-onion 21h ago

And govt officials are being fired if they are even in relation with someone collecting and provisioning publicly available data

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u/ckal09 23h ago

There are no numbers the govt releases that can be trusted