Indicators
Wall Street Leaning Harder on Private Data After Trump BLS Spat
President Donald Trump next to a chart on household income in the Oval Office of the White House in Washigton.
Photographer: Yuri Gripas/Abaca/Bloomberg
Philip Petursson has relied on Bureau of Labor Statistics data for decades to inform his investing recommendations at IG Wealth Management. Not solely, but as a key input, he said.
That changed when President Donald Trump said the BLS “rigged” July’s labor report and fired Erika McEntarfer, the agency’s head.