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Thursday, October 3, 2013

Bonds Better Bid as Barrack, Boehner Bumble

Yes, there will be no Employment Report. Since this means that policymakers are flying blind on labour market tightness, it raises the bar for the "Octaper". Dectaper?

I like this article by Stan Collender.  In it, he argues that this "shutdown" is a much bigger deal than the smaller "shutdowns" that happened pre-1995.

(I will return with a regular post tonight.)

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