The strangest part of this market isn’t the selloff. It’s that nobody actually knows how strong or weak the economy is right now. The government shutdown froze weeks of data. Which means the Fed, traders, and algorithms have all been reacting to numbers that are either delayed, incomplete, or outright wrong. Now the data is finally coming back online, and it’s a messy picture: - Unemployment ticked up… - Payrolls surprised higher… - Continuing jobless claims are rising… - But initial claims are still ultra-low… And when the Fed is “flying blind,” markets do the same. Every time rate cut odds swing, equities and crypto whip around instantly. Until real data returns, volatility is the trend.