Government Reopens, But Key Economic Data Remains in Limbo
The recent reopening of the government has not fully alleviated concerns regarding the release of crucial economic data. While the September jobs report is set to be published on November 20, the White House has confirmed that key reports, including unemployment and inflation data for October, may never see the light of day. Experts warn that the prolonged data gap caused by the shutdown could lead to a lasting fog over the U.S. economy, impacting accessibility to vital information for both the Fed and investors. As uncertainty looms, the market is responding anxiously, with significant drops in stock indices like the S&P 500 amid fears of missing data and its implications on economic forecasts and policy decisions.
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