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Hassett just dropped a notable update — turns out the recent government shutdown actually blocked some key economic surveys from getting done.
This matters more than it sounds. When official data goes dark, markets start flying blind. We're talking employment figures, consumer sentiment, spending patterns — the exact metrics traders use to gauge whether the Fed's next move leans hawkish or dovish.
Missing data windows create uncertainty. And crypto? It thrives on clarity but bleeds on confusion. If traditional finance can't get clean reads on the economy, expect volatility to spike across all risk assets.
Worth keeping an eye on which specific reports got delayed. The longer data stays incomplete, the messier price action could get in the short term.