What Makes This Shutdown "Different," Measuring Leader v. Laggard Performance
Schwab Network · Schwab Network
Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Joe Mazzola with Charles Schwab says investors using the ADP employment report as a comparison to Friday's non-farm payrolls print if doesn't come out is a "stretch." He explains that the amount of government workers being furloughed will have more of an impact than markets are pricing in. Kevin Gordon adds that this government shutdown is "different" from those prior, saying that data being delayed will add fog to the Fed's interest rate path. He also compares the performance of market leaders to laggards and whether a slowdown from the former will help the latter.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about