An economist from the Bureau of Labor Statistics has been leaking key inflation data to major Wall Street firms like JPMorgan and BlackRock, raising concerns about equitable access to economic information. The economist referred to these firms as 'super users,' allowing them to make market-moving bets based on insider information.
Politicians aren't the only ones receiving privileged information. BlackRock and JP Morgan were reportedly leaked insider inflation data. An economist from the Bureau of Labor Statistics sent information to several hedge funds, which he called "my super users". https://t.co/4ixFwqzC74
BREAKING: 🇺🇸 Key inflation data was leaked to BlackRock and JP Morgan by the Bureau of Labor Statistics, allowing their traders to make market moving bets - Bloomberg and NYT https://t.co/Y2jH1qNeA0
BREAKING: An economist from the Bureau of Labor Statistics corresponded on data related to the consumer price index with major Wall Street firms like JPMorgan Chase & Co. and BlackRock Inc., raising questions about equitable access to economic information, per Bloomberg.
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… https://t.co/8EtAhS46BY
An economist from the Bureau of Labor Statistics corresponded on data related to CPI with major Wall Street firms like JPMorgan and BlackRock, raising questions about equitable access to economic information. https://t.co/iHGDs3KflL