Weekly Market Pulse: No Data, No Problem

2025-10-06 06:20:00 ET

The federal government shut down last week, so we didn’t get the monthly employment report last Friday, and I think that may be the best news investors have gotten all year. I expect a lot of government-generated economic reports to be missed during the shutdown, which I think could drag on a lot longer than previous versions. With the political blame pretty evenly spread around so far, neither side seems to have much incentive to compromise. And so I think it will drag on until that changes, and the high-frequency economic reports we get every week will be a tad less frequent. I don’t expect the market to care much....

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