Articles Tagged: pce

2 articles found

If Washington Goes Dark: How a Shutdown Data Blackout Could Scramble Fed Timing, Markets and Rate‑Cut Bets

The clock is running down on Capitol Hill, and with it the flow of the economic data that underpins Federal Reserve policy. If Congress fails to fund the government, a broad shutdown would trigger a "data blackout" from key statistical agencies—potentially sidelining the monthly jobs report, consumer inflation gauges and national income data just as the Fed navigates a shifting balance of risks. Markets are already bracing: consumer confidence has slipped to a five-month low and the Job Openings and Labor Turnover Survey (JOLTS) may stand as the last labor snapshot for weeks. A blackout would not just inconvenience forecasters. It would complicate the Fed’s data‑dependent reaction function ahead of its October and December meetings, force investors to lean harder on private proxies, and likely widen uncertainty premiums across rates and risk assets. Below, we map what turns off and what stays on, why it matters for the Fed, how markets may reprice cuts in a fog of missing data, and the practical playbook investors can use if official statistics go dark.

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Intel Stock Outlook: Policy Tailwinds vs. Execution Headwinds in an AI-Centric Cycle

As of Thursday, August 14, 2025 (4:00 pm ET), Intel (INTC) closed at $23.86 with an implied market capitalization of approximately $99.13 billion (per Yahoo Finance and FMP). Broader risk appetite was firm: SPY $644.95, Nasdaq Composite 21,710.67, and SOXX $254.14, while the VIX slipped to 14.51 (Yahoo Finance). Semis leadership remained concentrated in AI bellwethers: Nvidia (NVDA) $182.02, AMD $180.95, and TSM $241.00 (Yahoo Finance). Rates context as of August 14, 2025 shows a normalizing, upward-sloping curve: 2Y 3.74%, 5Y 3.82%, 10Y 4.29%, 30Y 4.88%, with the 2s10s spread at +55 bps and 3M–10Y roughly flat (−0.01 bps), signaling transition from deep inversion (U.S. Treasury). Market-based inflation metrics are anchored: the 10-year breakeven is 2.39% and 10-year TIPS real yield 1.87% (FRED). High-grade and high-yield credit spreads remain supportive at ~0.78% (IG OAS) and ~2.90% (HY OAS), respectively (FRED).

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