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2 Aug 2025
Off-Topic / Stock Market Talk and Trading - part 2 [725]
Yes and the freaky thing is that Golden Cow noticed her incompetence just a few hours after seeing some numbers he didn't like
This behavior will have long term effects on confidence, not "next week" effects. Here in Poland we saw that when the govt interfered with central bank NBP and statistics office GUS - it was a major reason for less investment in the market.
One quote from the paywalled FT
A group headed up by the two previous heads of the agency, Friends of BLS, echoed that concern, noting that, "when leaders of other nations have politicised economic data and destroyed public trust in their data infrastructure, the consequences have been dire".
Yes and the freaky thing is that Golden Cow noticed her incompetence just a few hours after seeing some numbers he didn't like
This behavior will have long term effects on confidence, not "next week" effects. Here in Poland we saw that when the govt interfered with central bank NBP and statistics office GUS - it was a major reason for less investment in the market.
One quote from the paywalled FT
A group headed up by the two previous heads of the agency, Friends of BLS, echoed that concern, noting that, "when leaders of other nations have politicised economic data and destroyed public trust in their data infrastructure, the consequences have been dire".