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October 3, 2025
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Reuters: Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy

"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 Corpay in Toronto, said "The risk of overreaction will grow."

Reuters: Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy