Economic Uncertainty Grows Amid Data Blackout and Government Shutdown
TL;DR
Amid the ongoing US government shutdown preventing release of official economic data, markets are focusing on private employment figures from ADP and global manufacturing reports to gauge economic health and monetary policy direction, with investor sentiment influenced by Fed's mixed signals and regional manufacturing struggles.
Topics:businessfinance#economic-data-blackout#federal-reserve#finance#market-outlook#private-employment-data#us-labor-market
- Morning Bid: Private jobs in spotlight amid data blackout Reuters
- A Month Without Data Muddles the Economic Picture The New York Times
- Analysis: How much could the federal government shutdown cost the economy? PBS
- For now, data ignorance is bliss on Wall Street as investors warned not to rely too heavily on private surveys Fortune
- As the shutdown drags on, here’s how it can drag down the economy CNN
Want the full story? Read the original reporting
Read on Reuters