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No jobs report today. But that may not be the worst data delay due to the federal shutdown.

1. U.S. inflation and job reports delayed due to government shutdown. 2. Labor market shows weakness, prompting recent Fed interest rate cut. 3. Long shutdown could hinder October's economic data collection. 4. RBC economists stress shutdown causes data disruption, not economic damage. 5. Increased uncertainty may lead to slower growth for the economy.

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FAQ

Why Bearish?

Uncertainties about economic data can lead to decreased investor confidence, impacting SPY negatively.

How important is it?

The delayed reports significantly impact investor sentiment and market forecasts, particularly for SPY.

Why Short Term?

Immediate effects from delayed reports will surface in upcoming trading sessions.

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