Molly Smith

David Wilcox, director of US economic research for Bloomberg Economics, and Molly Smith, US economics editor for Bloomberg, delve into the troubling credibility of US economic data. They discuss recent firings of independent regulators and the implications for data integrity. The conversation explores historical legal battles, stressing the enduring impact on economic governance. They highlight potential political interference and the urgent need for transparency, drawing parallels to past administrations that compromised data validity.

Molly Smith, Bloomberg's economics editor, and William Beach, former BLS commissioner, discuss the significance of U.S. economic data and the challenges it faces. They delve into the potential impact of funding cuts on agencies like the Bureau of Labor Statistics, which may lead to unreliable unemployment figures. The conversation also highlights the innovative approaches needed to improve data collection, while underscoring the importance of accurate data for market decisions and community planning. Will the integrity of crucial economic data hold up?

Molly Smith, Bloomberg News Economics Editor, discusses the Federal Reserve's interest rate decisions and the strong U.S. housing market's influence on equities. Peter Atwater, President of Financial Insights, highlights the importance of investor vulnerability amidst market volatility. Paisley Nardini, a portfolio manager, emphasizes strategic diversification in client portfolios. They explore the potential for rate cuts, unexpected market trends, and implications for international investments, offering insights into navigating today's economic uncertainties.