Delayed NFP Report This Tuesday After Government Shutdown

Be ready for major messy price actions as US government is about to give us a completely confusing Non-Farm Payroll Report on October 22, 2013 this coming Tuesday.

First, the data is likely to be a mess.

Is it the original data collected as of the last cut off day?

Or does it incorporate the adjustments that BLS usually receive in the weeks following the cut off day?

Second, within 2 weeks the next NFP will be out.

I am not sure how people fit this piece of data back into their analytical models without questioning its validity.

This data point is now likely a dirty one as adjustments could be made based on what happened in the global financial markets so far over the past 2 weeks.

If I am going to predict anything, I will say welcome to a major roller-coaster ride this coming week.

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