General

General

@david
6 months ago

Could a crash be coming as delayed economic data comes out?

Something I've been thinking about, and found this source from WSJ...

Here's an excerpt:

For more than a month, investors have lived without key government reports that normally shape their basic understanding of the economy. That is set to change after President Trump signed spending legislation late Wednesday. But investors are now worried the incoming torrent of data could swing markets and upend bets on a December interest-rate cut that they had once taken for granted.

“What equities are possibly reflecting today is we’re going to see a deluge of data,” said Mina Krishnan, multiasset portfolio manager at Schroders. “We’ve been in the dark for the past 40 days, and it’ll be a lot of data all at once.”

What do y'all think?