Comment Not enough specifics... (Score 1) 144
There's not enough information here to really allocate any blame as to the nature of the problem they're solving...
Given all the graphs I've seen for US employment statistics, though, (which massively spiked in the few election months at the end of the year before Trump took power) what I think has probably happened is that the previous thoughts of the market spiking in this manner was actually an illusion, and hiring actually pretty much froze over the election instead, and therefore we get the massive downward revision, now. This probably isn't really about Biden vs Trump, as to whatever it was that caused this illusion while the election took place, instead.
Given all the graphs I've seen for US employment statistics, though, (which massively spiked in the few election months at the end of the year before Trump took power) what I think has probably happened is that the previous thoughts of the market spiking in this manner was actually an illusion, and hiring actually pretty much froze over the election instead, and therefore we get the massive downward revision, now. This probably isn't really about Biden vs Trump, as to whatever it was that caused this illusion while the election took place, instead.