Reuters: Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy
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Updated:2025-10-03
"Investors will fill the informational void left by the government shutdown with new trading narratives based on incomplete and misleading private-sector data releases, unfounded anecdotes, and flimsy rumors," Karl Schamotta, chief market strategist with payments company 91快活林 in Toronto, said "The risk of overreaction will grow."
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