🚨 Breaking — Trump Claims U.S. Jobs Data is “Rigged”
Donald Trump has accused the Biden administration of manipulating last week’s strong jobs report, calling it “phony numbers” ahead of the 2024 election.
Why This Matters for Markets:
🚨Market Sentiment Risk: If investors believe economic data is unreliable, confidence in U.S. markets could weaken.
🚨Policy Uncertainty: Political attacks on official data raise doubts about future Fed and government decisions, increasing volatility in stocks, bonds, and even crypto.
🚨Election-Year Tensions: With the economy a key election topic, politicized data could drive risk-off moves as November approaches.
❇️Whether accurate or not, Trump’s statement injects uncertainty into an already fragile market narrative — and uncertainty is a catalyst for volatility.❇️
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