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re: Biden Admin is reportedly leaking bureau of labor statistics to Blackrock and JPMorgan

Posted on 4/11/24 at 12:40 pm to
Posted by moneyg
Member since Jun 2006
57556 posts
Posted on 4/11/24 at 12:40 pm to
quote:

Glad we agree on that. So what’s the advantage here then?


Advanced notice of information that could sway markets is a pretty strong advantage.
Posted by TigerDoug
Lees Summit
Member since Mar 2017
661 posts
Posted on 4/11/24 at 12:47 pm to
Here is an article that explains further. There are companies getting this information like Millennium Capital Partners, Citadel, Moore Capital Management, etc..

JPMorgan, BlackRock among BLS economist’s CPI 'Super Users'
This post was edited on 4/11/24 at 12:48 pm
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