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  • The Other Reason The Fed Is Terrified Of A Government Shut Down

    09/24/2013 9:24:35 PM PDT · by SatinDoll · 10 replies
    The Zero Hedge ^ | 9/24/2013 | Tyler Durden
    While some have argued that the Fed is flying blind, given their endless efforts to convince the market that their actions (or inactions) are now all data-dependent - what happens when that data simply does not exist? As SMRA notes, the official word from the BLS [Bureau of Labor Statistics] is that they are working under the assumption that there will not be a government shutdown and the employment data will be released as scheduled; but what happens if the un-negotiation reaches beyond October 1st? How will our central-planners know what to do? Via Ray Stone of Stone McCarthy, The...