Interactive Brokers: The fairness and authenticity of US data will be questioned
According to Golden Finance, Steve Sosnick, Chief Strategist of Interactive Brokers, stated that Kugler had previously been absent from the latest FOMC meeting due to personal reasons, so I believe the credibility of his resignation statement is high. But this provides an opportunity for US President Trump to install super doves. Even more concerning is the dismissal of the Director of the Bureau of Labor Statistics. Despite the apparent problems with the institution and unprecedented large-scale modifications to the data, it is unprecedented for a president to dismiss officials simply because they dislike the data without truly determining the reasons, which is not a good sign. This raises questions about the credibility and fairness of the information. If data statisticians are constrained by the president's political whims, the authenticity of these data will be questioned.