Institution: The US government welcomes the dawn of opportunity, and the stock market anticipates "just the right amount of weakness" data.

On November 12, State Street's Head of Macro Strategy Michael Metcalfe stated, “If the U.S. government remains shut down, further economic growth will be affected. Fortunately, we have finally passed the hurdle of the government shutdown, which means we can breathe a sigh of relief as there will not be a severe economic slowdown caused by the government shutdown.” U.S. employment data may be the most anticipated data not released due to the government shutdown, as investors weigh whether the Fed will cut rates again in December. “For the stock market to sustain its rise, the data must be weak enough to prompt the Fed to cut rates, but not too weak to raise concerns about an economic slowdown,” Metcalfe said. ( Jin10 )