Looking Past Media And Political Distortions, Economic Conditions Are Strong
Between polarizing politics and news media bias, Americans often see the economy through a prism.
Facts important to managing wealth for the long-term all too often lose their context; nuanced colors become black and white.
For instance, the Bureau of Labor Statistics announced on June 2nd that 138,000 new jobs were created in May, and much of the press coverage reflected limited understanding of the facts.
CNBC, the nation’s leading basic cable TV financial channel, characterized the new jobs number as “weak.”
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