The law of unintended consequences and YES file this under You Can't Fix Stupid!
In addition to the very real possibility that the removal of BLS leader Erika McEntarfer will erode trust in government data – a lack of trust in BLS published data seriously endangers the $2T (T as in Trillion) market for Treasury Inflation-Protected Securities (TIPS).
TIPS are U.S. government issued bonds specifically designed to help protect investors from inflation. In TIPS bonds the principal value is adjusted based on changes in the Consumer Price Index (CPI). As inflation rises, the principal increases, resulting in larger interest payments. If the CPI data becomes politicized the TIPS market could implode!
https://www.bloomberg.com/news/newsletters/2025-08-05/trump-throws-a-2-trillion-market-into-doubt-with-one-firing-evening-briefing
#unintendedconsequences #Fail #YouCantFixStupid #Stupid #BLS #USGov #Securities #Securitiesmarket #TIPS #Bonds #Inflation #CPI #LaborData #LaborMarketData #USGovBonds
US futures ( $ES=F ) ( $YM=F ) ( $NQ=F ) hold near record highs, with investors eyeing labor data for Fed rate cut clues. S&P ( $GSPC ) and Dow ( $DJI ) up after November gains, boosted by Trump's win.
Dollar ( $DX=F ) rises amid tariff threats from Trump. Stellantis ( $STLA ) falls in premarket after CEO Carlos Tavares resigns.
Will these developments shift market expectations?
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