How reliable is U.S. economic data? It's a growing risk for investors awaiting the next Fed rate cut | Metals Mine

  • How reliable is U.S. economic data? It's a growing risk for investors awaiting the next Fed rate cut

    From morningstar.com

    Investors have been navigating an increasingly hazy outlook for the U.S. economy, as surveys of consumer sentiment have appeared to clash with so-called hard data regarding the state of the labor market. Creeping doubts about the quality of U.S. economic reports certainly won't make this task any easier. Fresh questions about the reliability of official data surfaced this week, after the Bureau of Labor Statistics said that it had to cut back on some regional collection efforts that were part of the tabulation of the consumer-price index in April, and again in June, because "current resources can no longer ... (full story)

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OutThere
Jun 9, 2025 4:23am
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Quoting TraderTero
{quote} Right. https://finance.yahoo.com/news/vanis...rc=fp_deeplink “While everyone is focused on the impact of tariffs, the real story for the US economy is the collapse in immigration: down more than 90% compared to the run rate of previous years, equivalent to a slowing in labour force growth of more than 2 million people,” George Saravelos, head of FX research at Deutsche Bank, wrote in a note on Friday. “This represents a far more sustained negative supply shock for the economy...
haha I read same article earlier but thought, a lot of Trumpies who have been wishing to work in fruit orchards or in cleaning or as nannies are going to be thrilled now that the competition is gone.
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TraderTero
Jun 9, 2025 4:17am
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Quoting OutThere
All 3 above commentators are describing the effects of Biden's economy. The effects of Trump economy is coming up. Enjoy.
Right. https://finance.yahoo.com/news/vanis...rc=fp_deeplink
“While everyone is focused on the impact of tariffs, the real story for the US economy is the collapse in immigration: down more than 90% compared to the run rate of previous years, equivalent to a slowing in labour force growth of more than 2 million people,” George Saravelos, head of FX research at Deutsche Bank, wrote in a note on Friday. “This represents a far more sustained negative supply shock for the economy than tariffs.”
OutThere
Jun 9, 2025 12:43am
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All 3 above commentators are describing the effects of Biden's economy. The effects of Trump economy is coming up. Enjoy.
Reply
DwnUndrTrdr
Jun 9, 2025 2:41am
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Quoting OutThere
All 3 above commentators are describing the effects of Biden's economy. The effects of Trump economy is coming up. Enjoy.
Czyker26
Jun 8, 2025 11:45pm
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I agree with both of you... Mich is booming even with Gretchen Whitchmore.
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Trader#53B9
Jun 8, 2025 6:29pm
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in my area, our local economy is booming, there are 9 heavy lift cranes constructing large steel buildings in a metropolitan area with a population of 320k. People are out spending everywhere, home improvement stores are busy, no matter what time of day, restaurants, grocery stores, coffee shops, target and walmart are always are busy, even nightlife and after hour establishments are doing well. And the University students are gone. This is a concerted and coordinated effort of opposition to the President, like nothing I have ever experienced. The amount of political hypocrisy is at unprecedented levels, and I live in a Blue state. Anyone with a shred of intellectual honesty knew that the previous administration was cooking the books, and in typical liberal fashion they are now the accusers.
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Trader#010F
Jun 9, 2025 8:07am
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Quoting OutThere
{quote} haha I read same article earlier but thought, a lot of Trumpies who have been wishing to work in fruit orchards or in cleaning or as nannies are going to be thrilled now that the competition is gone.
Here is why cheap slave labor is a good thing
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Trader#D005
Jun 8, 2025 9:11pm
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From what I see and hear, business is great!! I'm in the F&B industry and business is booming!!
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Trader#80EA
Jun 9, 2025 8:29am
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Lots of TDS displayed here today... One hopes that you don't trade with all of that negative emotion...
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Trader#E228
Jun 9, 2025 12:47pm
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There are no real traders on this site.
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