It’s outrageous to learn that a Bureau of Labor Statistics economist has been allegedly leaking crucial inflation data to select financial giants like $JPM and $BLK. Despite the BLS denying the existence of these so-called “super users,” evidence suggests otherwise, prompting justified shock from economists like Ian Shepherdson. The gravity of this situation cannot be overstated, as it raises serious concerns about the integrity and fairness of financial markets.
Several sources have confirmed that a Bureau of Labor Statistics (BLS) economist has been leaking key inflation data to $JPM and $BLK (group of 50 super users).
The problem is that the BLS says "super users" DO NOT EXIST!
“I nearly fell off my chair when I saw that,” said Ian… pic.twitter.com/8EtAhS46BY
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 10, 2024
“An economist from the Bureau of Labor Statistics corresponded on data related to a key US inflation gauge with major Wall Street firms like JPMorgan Chase & Co. and BlackRock Inc., raising questions about equitable access to economic information.
The BLS economist answered numerous inquiries about details within the consumer price index in recent months, mostly related to computations in key categories within shelter as well as used cars, according to records requested by Bloomberg.”