“Ray Dalio Said HE LIKELY Wuld Have Fired the Bls Head As Well.”, – WRITE: www.coindesk.com
But Did the President-As Uncouth and Ham-Handed As His Methods Are-Stumble UPON A TRUTH THAT WAS Hiding in Plain Sight of Billions in Capital Just Isn’s Very Accurate?
“I Probably Willd Have Fired the Head of the Bureau of Labor Statistics Too,” Wrote Ray Dalio, Founder and Now Former Ceo of Hedge Fund Giant Bridgewater. “ITS PROCESS FOR MAKING ESTIMATES IS OBVIUSLY OBALETEE AND ERROR-PRONE, AND THERE IS NO GOOD Plan in the works for fixing it,” He Continued.
Dalio Noted That Massive Downward Revisions in May and June Employment Data Included with The July Report Were “of the Rothin The Bls. Private Estimates, Said Dalio, Were Far Better. “I Know A Lot About Because of How I Use Data to Follow The Economy and Bet on Where Is Going,” He Said.
Trump’s nominated replacement atop the Bls, ej Antoni, Has Called The Agency’s Data “BS” and Earlier this Week Suggested Suspending MONTYLY EMPLAYMENT REPORTS IN FAVOR OF QUARTER. Made.
The Bls Produces Not Just Employment Data, But Also The Consumer Price Index, Who for Many Years Has Faced Criticism from All Quarters for Not Accurarately DESCRIBING.
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin and Strategy (MSTR).
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The Current Macro Backdrop Has Rarely Been More Favorable for Risk Assets, and The Market Hasn Fully Priced in What’s Coming, A Report Said.
- Bitcoin Was Closing in On a Fresh Record High During US Afternoon Trading Hours.
- Ether Was Also Climbing and Just 3% from ITS LATE 2021 PEAK.
- “The Conditions for a Sustaned Rally Falling Into Place,” Said 10x Research.
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