As Contempt for Experts and Data Rises with Populism, US Economic Data Gains Focus
The rise of populism has engulfed countries across both developed and emerging markets, placing renewed pressure on state institutions to stay independent – often in the face of overt harassment from strongmen leaders. In the US, whose economic data informs the decisions and forecasts of finance professionals worldwide, the President’s cavalier attitude to facts raises questions regarding the ability of state institutions to fulfil their role.
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