The goofiest thing about this is the belief that Americans are voting on the basis of FRED graphs.

“If you’re a business and you’ve got global supply chains and you’ve got to make investments, it really matters that some countries are still in negotiations and certain countries are not in negotiations,” said Mohamed A. El-Erian

"...what you hear consistently, from Chair Powell and also from economists in general ... is that there's no good perfect substitute for the data we get from the government." POLITICO economics correspondent Victoria Guida responds to a caller's question on alternative labor data

Goldman Sachs economists expect job growth from April 2024 to March 2025 to be revised down by as much 950,000 jobs on Sept. 9 (when BLS will release its annual revision)

BLS's first-release estimates of nonfarm payroll employment have gotten more, not less, accurate over time.

As an Odd Lots-stan I loved this article about Joe Weisenthal Tracy Alloway . Well deserved praise. nytimes.com/2025/08/03/bus…

Trump's firing of the BLS commissioner is a far bigger story than most people realize. The jobs numbers are critical to policymaking, notably at the Fed, and to the market's evaluation of the economy and policy. Who will now trust a politicized BLS? nytimes.com/2025/08/03/us/…

“There is a scenario where utilities benefit from this. And there’s also a scenario where they overplay their hand dramatically.” Great column on electricity and AI by Debra Kahn politico.com/news/magazine/…

“Unfathomable amounts of wealth depend on the integrity of the development process behind the release of these statistics” My Q&A with former Fed official David Wilcox following Trump’s firing of the BLS head politico.com/news/magazine/…

"You’re asking me to contemplate the nuclear scenario": A top economist gets candid about Trump’s firing of the BLS chief with our economics correspondent Victoria Guida 👇 politico.com/news/magazine/…

There's optimism about big data/lots of sources constructing alternative indicators, David Wilcox says, but what isn’t widely appreciated: value of the indicators depend on being able to rely on BEA, BLS & Census data as foundation they will be built on.politico.com/news/magazine/…

Mexico was the only country to get a 90-day tariff reprieve from Trump. Here’s why. ow.ly/XC4G106ifa3

This interview with David Wilcox...former Federal Reserve official, stunningly good economist, and the last chair of the Federal Economic Statistics Advisory Committee...provides a truly strong case for protecting BLS and their data products. politico.com/news/magazine/…

Statistically significant

Excellent Declan Harty top to Morning Money: Capital Risk on how tokenization could splinter equity markets.