Trump Posts Jobs Data Early

Summary

The segment discusses President Trump posting a chart with December employment figures before the official release. Bloomberg's Mike McKee says the White House normally receives jobs data the night before, that the early post likely was not intended to provide a trading advantage, and that trading on such public information would not be insider trading. He also cautions that even early access to the numbers would not guarantee the market move.

• President Trump posted a chart containing December employment figures before the official jobs report release.
• The chart appeared to show annual job creation and included December figures and revisions.
• Mike McKee said the White House receives the jobs report at 6 p.m. the night before publication.
• Administration officials are not supposed to comment until an hour after the release.
• McKee said the early post was likely a security lapse rather than an intentional leak for profit.
• McKee said trading on the information would not have violated insider-trading law.
• McKee warned that even correct early jobs figures would not necessarily predict the market reaction.
• No clear investment recommendation was made in the segment.