Analysts: If the extreme dovish faction takes charge of the U.S. Labor Department, it may shake the foundation of the "American exceptionalism".

GoldenOctober2024

2025-08-04 07:24:43

On August 4, Jin10 reported that Sam Stovall, Chief Investment Strategist at CFRA Research in New York, stated that if U.S. President Trump appoints an extremely dovish person to head the Bureau of Labor Statistics, thereby skewing the data in a way that aligns with government policies, Wall Street will abandon these data as soon as it detects signs of manipulation. This will undoubtedly shake the “American exceptionalism”. The core reason the U.S. is viewed as an ideal investment destination is the accuracy of its data— the government does not alter data to fit its stance.

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