Investing amid a bubble
One has to admit that visibility is wanting on the US economy. Never had such a slump in job creation been observed without a slowdown in growth - a situation that poses many questions today, with no truly satisfactory answers on the nature of the cycle.
Furthermore, the longest government shutdown in history left market observers flying mostly blind, with no access to important economic data. This will also have technical upshots – negative, then positive - which call for greater caution when considering the next set of statistics.
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