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The former DuPont electronics business offers investors plenty to like.

The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.

Next week, the data will be highlighted by UK (Tuesday at 2 PM ET) and Australian jobs reports (Wednesday at 7:30 PM ET/Thursday in Australia. UK GDP will be released on Thursday (at 2 AM ET).

If it were a normal week, US CPI would’ve been released along with, retail sales, unemployment claims and PPI data. However the US government is still on shutdown, and even if it were to reopen, there would likely be a delay in the data dump.

What time 1 could we expect if there is resolution to the shutdown?

The different government data sources including the Bureau of Labor Statistics (BLS), Census Bureau, and Bureau of Economic Analysis (BEA) will resume normal data operations, but usually with a lag as they catch up on missed releases (e.g., CPI, PPI, retail sales, durable goods, GDP, personal income/spending, etc.). The agencies typically will also issue a revised release calendar within a few days, showing new publication dates for all missed and upcoming reports.

After the 2018–2019 U.S. shutdown, the BLS delayed the December jobs report by one week and the Census Bureau postponed several key releases for two to three weeks.The BEA had to compress multiple GDP and PCE releases into a single week once operations resumed — a similar pattern would happen this time.

The US jobs report would’ve been released today if the government was open.

Of course we can expect a number of central bankers giving speeches and interviews. Fed’s Miran remains the biggest dove in the USD. Fed’s Hammack made a run at the most hawkish. Most Fed officials are unsure about December, but seem to be concerned about inflation more than employment now. Is that a ploy to slow the stock market? Perhaps. The Fed does not like to talk about stocks, but they can say things that might slow things down a bit. As Adam points out regularly, the K-economy is a problem and having the rich get richer and drive up prices/inflation is not a good thing when others are trying to put food on the table.

This article was written by Greg Michalowski at investinglive.com.

The Trump administration tried not to pay for any food stamps in November because of the government shutdown. It now proposes partial SNAP benefits.

Medicare will start covering obesity drugs for the first time, which could open access to millions of seniors and spur more private insurers to follow suit.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

US stock markets were in flux on Friday as the NASDAQ Composite (IXIC) saw its third greater than 1% drop this week. With 90 minutes to go before the session closes, the S&P 500 (SPX) has declined 2.6% this week so far, while the IXIC fell a heavier 4.2%.

Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.

Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar’s value.

EUR/USD has retraced previous losses during Friday’s European session and returned to 1.1550 at the time of writing after bottoming at 1.1530 earlier on the day.