Institution: The U.S. government sees a glimmer of reopening, and the stock market anticipates data that is "just weak enough"

BlockBeats News, November 12, Michael Metcalfe, Head of Macro Strategy at State Street, stated: "If the U.S. government continues to shut down, further economic growth will be affected. Fortunately, we have finally overcome the government shutdown crisis, which means we can breathe a sigh of relief as there will not be a severe economic slowdown caused by a government shutdown."

The most anticipated U.S. employment data may have gone unpublished due to the government shutdown, and investors are weighing whether the Federal Reserve will cut rates again in December. "For the stock market to continue its rally, the data must be weak enough to prompt the Federal Reserve to cut rates, but not so weak as to trigger concerns about an economic slowdown," Metcalfe said. (Golden Ten Data)