tl;dr - The December retail-sales report won’t be released as scheduled Wednesday while the Commerce Department remains closed. Failure to reopen soon also would delay last month’s personal income and spending data, due by Jan. 31. The delay in government-issued economic releases “introduces a greater degree of uncertainty, which typically isn’t good,” said Jim Paulsen, chief investment strategist at Leuthold Weeden Capital Management LLC . “It does create some real risk of misinterpretation” as people try to compensate with other, sometimes partial, sources of information, like a retail CEO’s comments.
Submitted January 15, 2019 at 07:26AM by WhenLuggageAttacks http://bit.ly/2Hgz6Tp