Core Points - The White House has indicated that key government reports on inflation and the labor market for October may never be released due to the prolonged government shutdown [1][4] - The shutdown has severely hindered the ability of economists, investors, and policymakers to access critical government data, which is essential for assessing economic health [1][3] - The Labor Department has not clarified when it will begin processing the backlog of important economic reports, raising concerns about the release of the October Consumer Price Index (CPI) and employment reports [1][3] Summary by Sections Inflation Data - The White House previously suggested that the October inflation data might not be published, marking a potential historical first for such an omission [1] - Analysts had speculated that the Labor Department would attempt to release some October CPI data, albeit with a reduced sample size [2] Labor Market Data - The government shutdown has resulted in a lack of official economic data, forcing economists and investors to rely on private sector reports, which indicate a weakening job market and increasing layoffs [3][4] - The last available unemployment rate was 4.3% in August, with only 22,000 new jobs added, reflecting a significant slowdown in job growth [3] - The Labor Department is expected to quickly release the September employment report once the government reopens, as the data was collected before the shutdown [3] Challenges in Data Collection - The October data collection faced significant challenges due to the shutdown, with many staff unable to gather necessary statistics [4][6] - Some data, such as non-farm employment growth, may still be salvaged, but other metrics will be difficult to ascertain due to the lack of staff to conduct follow-up surveys [4][6] - The unprecedented duration of the shutdown has severely impacted the Labor Department's operations, which were already under budget constraints and political pressures [6]

Market Overview - US stock market showed mixed results with the Dow Jones Industrial Average rising by 326.86 points, or 0.68%, closing at a record high of 48254.82 points, while the Nasdaq Composite Index fell by 0.26% to 23406.46 points [1] - The S&P 500 Index saw a slight increase of 0.06%, closing at 6850.92 points [1] - Major tech stocks experienced a divergence, with Nvidia up by 0.3% and Apple down by 0.6%, while Google, Amazon, Tesla, Meta, and Oracle saw declines ranging from 1.4% to 3.8% [1] - Financial sector stocks surged, with Goldman Sachs up by 3.5%, Citigroup by 2.0%, JPMorgan Chase by 1.5%, and Bank of America by 0.9% [1] - AMD shares rose by 9.0% following the company's strong long-term financial guidance [1] Economic Impact of Government Shutdown - The ongoing government shutdown, the longest in US history at 42 days, has put pressure on the US economy and affected the release of key economic data, including the October Consumer Price Index (CPI) and non-farm payroll reports [3] - The labor market shows signs of weakness, with private sector employers reducing an average of 11,250 jobs weekly over the past four weeks, indicating a softening labor market [3] - Market sentiment is cautiously optimistic regarding the potential end of the shutdown, which could alleviate one of the key risks currently facing the market [3][4] Federal Reserve and Interest Rates - There is a divergence within the Federal Reserve regarding interest rate cuts, with some members advocating for a reduction due to restrictive monetary policy [5] - The probability of a 25 basis point rate cut at the December meeting is estimated at 63% according to CME Group's FedWatch tool [4] - The yield on the 2-year Treasury note fell by 2.5 basis points to 3.565%, while the 10-year Treasury yield decreased by 4.3 basis points to 4.066% [5] Commodity Market Movements - International oil prices saw significant declines, with WTI crude oil dropping by 4.18% to $58.49 per barrel and Brent crude oil falling by 3.76% to $62.71 per barrel due to supply-demand imbalances [5] - Gold prices experienced an upward trend, with COMEX gold futures for November delivery rising by 2.38% to $4204.40 per ounce, and silver futures increasing by 5.36% to $53.33 per ounce [5]

Core Points - The White House has indicated that key government reports on inflation and the labor market for October may never be released due to the prolonged government shutdown [1][2][3] - The shutdown has severely hindered access to critical economic data, impacting economists, investors, and policymakers [2][4] - The absence of official data has led to increased reliance on private sector reports, which suggest a weakening job market and rising layoffs [4][5] Group 1: Impact of Government Shutdown - The government shutdown has resulted in a significant backlog of important economic reports, with the Bureau of Labor Statistics (BLS) unable to process data [3][4] - The last available unemployment rate was 4.3% in August, with only 22,000 new jobs added, indicating a sharp slowdown in employment growth [5] - The BLS is expected to quickly release the September employment report once the government reopens, but the October data collection has been severely compromised [5][6] Group 2: Challenges in Data Collection - The inability to collect data in October poses challenges for accurately assessing employment conditions, particularly for household surveys that are crucial for calculating the unemployment rate [5][6] - Former BLS officials have expressed skepticism about the feasibility of completing the October inflation report due to the lack of data collection [6][7] - The prolonged shutdown has created unprecedented disruptions for the BLS, which was already facing budget constraints and political pressures [7]

Core Points - The U.S. House of Representatives is set to vote on a spending bill to end a record-long government shutdown that has lasted 43 days since October 1, affecting hundreds of thousands of federal employees and causing significant disruptions in various sectors [1][4] - The shutdown has led to delays in flights, hindered the release of key economic data, and threatened food assistance for millions of families, with national parks and museums also closed [1][5] - The Congressional Budget Office estimates that a six-week shutdown will reduce fourth-quarter GDP by 1.5 percentage points, resulting in a net loss of approximately $11 billion [1][5] Legislative Developments - The bill includes a controversial provision allowing senators to claim $500,000 if their phone records were collected without their knowledge, which has sparked bipartisan backlash [2][3] - Some Republican lawmakers plan to propose separate legislation to repeal this provision after the government reopens [3] - House Minority Leader Hakeem Jeffries stated that Democrats will continue to push for an extension of healthcare subsidies, indicating that the legislative battle is not over [3] Government Operations - The government will require several days to fully restart operations after the bill is passed and signed by the President, with some agencies potentially not resuming until the following week [4] - Transportation Secretary Sean Duffy indicated that flight restrictions would begin to be lifted within a week of the government reopening, coinciding with the Thanksgiving travel peak [4] Economic Impact - The economic impact of the shutdown is expected to be significant, with estimates suggesting that each week of the shutdown costs the economy between $10 billion and $15 billion [6] - While back pay will be issued to federal employees, the process of recalculating salaries may take time, and some costs associated with the shutdown will be irrecoverable [5][6] - The shutdown has also delayed the release of important economic data, creating a potential data gap that could distort future economic forecasts [6]

中新网11月13日电综合美媒报道，当地时间11月12日，美国联邦航空管理局(FAA)连续第二天要求全美 40个繁忙机场削减6%的航班。 （文章来源：中国新闻网） 据报道，航班追踪网站"FlightAware"的数据还显示，美国境内当天已有至少890趟航班取消、750趟延 误。 美国交通部长达菲警告称，若联邦政府不尽快重启，航空交通或将出现更多问题，特别是航班时刻表的 混乱状况在感恩节到来之前可能会进一步恶化。 ...

Core Viewpoint - The White House National Economic Council Director Hassett has expressed willingness to accept the position of Federal Reserve Chair if nominated, advocating for more aggressive interest rate cuts in December [1] Summary by Relevant Sections - **Interest Rate Policy** - Hassett suggests that the Federal Reserve should implement a larger rate cut, ideally by 50 basis points, although he anticipates a more modest 25 basis points cut [1] - He expresses surprise at Powell's lack of aggressive rate cuts given the prolonged government shutdown and better-than-expected inflation data [1] - **Economic Impact of Government Shutdown** - Hassett estimates that each week of government shutdown results in a reduction of approximately $15 billion in U.S. GDP [1] - **Inflation Data** - The inflation data for September was reported to be lower than expected, which may influence future monetary policy decisions [1]

All right, we got some breaking news out of Washington DC. Let's find out what it is with a jabers at the White House. >> Yeah, Brian, this coming from the Supreme Court just in the Supreme Court saying they're going to hear oral arguments on the president's effort to fire Fed board uh member Lisa Cook. They're going to do those oral arguments on January 21st.Remember, the issue here is the president is allowed to fire somebody for cause, so to speak. And the question is, what does for cause actually mean i ...

Press Secretary Karoline Leavitt said the government shutdown made it hard to gather the necessary data to compile key reports. ...

Core Viewpoint - The ongoing government shutdown may lead to the permanent impairment of critical economic data collection, affecting key reports such as the Consumer Price Index (CPI) and nonfarm payrolls, which are essential for policymakers and investors [2][3]. Economic Data Impact - Key economic reports for October, including the monthly nonfarm payrolls and consumer index, may not be released due to the government shutdown, which has lasted over six weeks, the longest in history [2][3]. - Other affected data includes retail sales, import and export statistics, as well as consumer spending and income [3]. Implications for Policymakers - The inability to access critical government data hampers the Federal Reserve's ability to make informed decisions during a crucial economic period, leaving them "flying blind" [2][4]. - Wall Street economists had anticipated that the data would eventually be released, albeit with delays, but recent comments from White House officials have cast doubt on this expectation [3].

美国众议院多数党领袖斯卡利斯：众议院将于周三晚7点左右（北京时间周四早上8:00）就结束政府停摆的法案进行投票。None (@None):None ...