I would say that a basic underpinning of healthy financial markets is reliable data. For instance, the measurement of inflation is based on accurate reporting of prices and interest rates. Jobs numbers are also an important gauge of "how we are doing." Is unemployment high or low? How did it move since the last time we measured it? Inflation and unemployment are both measured and reported by the Bureau of Labor Statistics.
What happens to financial markets when those core metrics are incorrect? What happens if they're deliberately falsified to manipulate markets or to create a false narrative of economic success? Has it ever happened before? I'm concerned that we could be heading into challenging economic times but for political reasons, those numbers might be hidden on order of the executive branch.
[https://www.nytimes.com/2024/09/05/business/economy/bls-economic-data-jobs-report-cpi.html](https://www.nytimes.com/2024/09/05/business/economy/bls-economic-data-jobs-report-cpi.html)
