In this episode of At The Money, host Barry Ritholtz interviews Pulitzer Prize-winning reporter Michael Hiltzik on how investors should manage the vast amount of economic data available. Hiltzik shares his strategies for curating and verifying data, emphasizing the importance of checking original sources like the BLS and BEA, and being wary of data from trade organizations and partisan think tanks. He advises investors to be aware of issues like inflation, seasonality, and flawed interpretations in news reports, and to approach forward guidance from companies with skepticism. The conversation wraps up with a reminder to use common sense and prioritize reliable sources when analyzing economic data. The podcast includes promotional segments for Bloomberg Daybreak, highlighting its focus on delivering timely global news updates.
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