MARKET DECODED #5: Markets rallied on shutdown hopes, then reality hit on Thursday-Friday
Markets surged in anticipation of the 43-day shutdown ending—but by week's end, Thursday and Friday saw sharp selloffs. The initial optimism faded as traders realized the real problem: the Fed might cut rates in December without October's jobs or inflation data. The data may NEVER be released.
This week on Market Decoded, we break down why the relief rally failed and what the Fed's unprecedented data blackout means for December's decision.
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