Many seasoned veterans often conclude that U.S. economic data are all fake.
Whenever Old Xu releases videos analyzing data, Da Shuai Bao often brings up this point to argue.

Old Xu himself jokingly refers to the U.S. Bureau of Labor Statistics as the 'Drawing Line Bureau'; it's not new news that the yellow-haired ones interfere with data.
So, are these economic data real or fake? Do they have value for our market activities? Is analysis necessary?
Pay close attention—this is the only time Old Xu will explain this concept. If your understanding of data undergoes a 180-degree transformation, then from now on, call me Old Xu the Master.
1, what is the actual quality of U.S. economic data? First of all, the U.S. is not a monolith; various forces will form supervision, overall, the authenticity of their economic data can be about sixty to seventy percent.
In other words, it generally reflects the real situation of the market truthfully.
The remaining thirty to forty percent is subject to intervention or has already been intervened.

Their data release has a set of meticulous designs, with initial values, final values, and even corrections to previous or even earlier data. This means it can both meet the role of guiding market expectations and ensure that the data does not deviate too far from the real market situation.
2, even if the U.S. economic data is completely false, it still needs to be analyzed seriously. Think about it, why would they release the data, and why would they manipulate it?
That's right, it's all to guide market expectations so that the economy and employment can run smoothly and positively.
The smart brothers should see the secret, which is that regardless of the truth of the data, the intention of the data-releasing department is behind it, guiding the market.
Looking at data is not only about assessing market operations but also equally importantly assessing the intentions of the authority.
The intentions of the U.S. government have emerged; the direction of monetary and fiscal policy becomes clear, and the market trend has a general framework.
In fact, the more false the data is, the more attention it should receive, as it approaches the unveiling of significant moves.
In summary, identifying the intention behind the data is more important than the truth of the data itself.
3, there is only one situation where you don't need to analyze U.S. economic data seriously anymore, and that is when the U.S. is completely finished, collapsing into credit bankruptcy and becoming a failed state; then you won't need to analyze it.
SOL, BTC, AUCTION
Above all, pay attention to Lao Xu, and find time to provide everyone with a set of hardcore methods for breaking down economic data.