{"id":12900,"date":"2025-10-13T18:23:45","date_gmt":"2025-10-13T18:23:45","guid":{"rendered":"https:\/\/kngadvisors.com\/?p=12900"},"modified":"2025-11-08T17:04:27","modified_gmt":"2025-11-08T17:04:27","slug":"los-mercados-suben-a-pesar-de-la-falta-de-datos","status":"publish","type":"post","link":"https:\/\/kngadvisors.com\/en\/los-mercados-suben-a-pesar-de-la-falta-de-datos\/","title":{"rendered":"Markets Climb Despite Missing Data and Stretched Valuations"},"content":{"rendered":"<p><strong>Monday, October 13th, 2025<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center\">Audio in Spanish<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Markets Climb Despite Missing Data and Stretched Valuations\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Wsao6yK32W8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center\">Audio in English<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Markets Climb Despite Missing Data and Stretched Valuations\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/9dT2t_fG2BA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p>The past week delivered an intriguing paradox for equity markets. Even as the federal government remained shuttered into its second week, major indices marched relentlessly higher, with the S&amp;P 500 climbing 0.58% on Wednesday to close at 6,753.72 while the Nasdaq Composite advanced 1.12% to finish at 23,043.38, both notching fresh all-time highs. This resilience speaks volumes about where investor conviction currently resides: not in Washington\u2019s ability to function, but in the enduring promise of artificial intelligence and the prospect of continued monetary easing.<\/p>\n\n\n\n<p>The S&amp;P 500 and Nasdaq Composite closed at record highs on Monday, spurred by optimism about increased mergers and acquisitions activity following AMD\u2019s surge of more than 23% after a deal with OpenAI that could ultimately grant the ChatGPT parent a 10% stake in the chipmaker. The transaction crystallizes a narrative markets desperately want to believe: that the AI investment thesis remains robust enough to justify elevated valuations even as economic fundamentals grow murkier.<\/p>\n\n\n\n<p>The week\u2019s trading action unfolded against a backdrop of profound information uncertainty. The absence of the Labor Department\u2019s monthly jobs report, scheduled for Friday morning, is the first casualty in what is likely to be a string of delayed economic data as the shutdown persists. This data blackout creates a particularly vexing challenge for the Federal Reserve, which must navigate monetary policy at a moment when inflation is running above its 2% target and hiring has nearly ground to a halt.<\/p>\n\n\n\n<p>Fed minutes released Wednesday afternoon signalled more rate cuts could be in play for the rest of 2025, with a slight 10-9 majority favouring quarter-point cuts at each of the two remaining meetings this year. This dovish tilt suggests the Fed views labour market risks as outweighing inflation concerns, even as the shutdown eliminates the official employment data that would ordinarily inform such judgments. Markets have priced in a 100% probability of an October cut and an 88% chance of another in December, odds that have strengthened since the shutdown began.<\/p>\n\n\n\n<p>What makes the current moment particularly fascinating is how markets have compartmentalized political dysfunction. Despite the government shutdown, investor sentiment has remained resilient, with the S&amp;P 500 notching three additional all-time highs, bringing the year-to-date total to 31. Healthcare stocks surged 6.58% for the week, leading sector performance, demonstrating that fundamental sector rotation continues even as political theatre dominates news cycles.<\/p>\n\n\n\n<p>The caution flags emerged from unexpected quarters this week, with Bank of England officials warning about prospects of a \u201csharp market correction\u201d fuelled by speculation about artificial intelligence. These concerns highlight the tightrope markets currently walk: valuations predicated on transformative AI-driven productivity gains must deliver results that justify price levels that look extended by traditional metrics.<\/p>\n\n\n\n<p>For investors navigating this environment, the week\u2019s action underscores several realities. Markets have learned to look through temporary government disruptions toward underlying economic momentum and corporate earnings power. The Fed\u2019s dovish posture provides a supportive backdrop that encourages risk-taking even amid uncertainty. The AI investment narrative retains sufficient conviction to drive significant capital allocation decisions, as evidenced by the OpenAI-AMD transaction and continued technology sector leadership. The test ahead will be whether economic data, once available again, confirms the resilience markets have priced in, or whether the shutdown masks deterioration that becomes apparent only once the data blackout ends.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>We would like to thank <a href=\"https:\/\/news.dominion-cs.com\/es\/\" target=\"_blank\" rel=\"noopener\">Dominion Capital Strategies<\/a> <\/strong>for writing this content and sharing it with us.<\/p>\n\n\n\n<p><em><strong>Sources: <\/strong>Bloomberg, Yahoo Finance, Marketwatch, MSCI. <\/em><\/p>\n\n\n\n<p><em><strong>Copyright<\/strong> \u00a9 2023 Dominion Capital Strategies, All rights reserved.<\/em><\/p>\n\n\n\n<p><em><strong>Disclaimer: <\/strong>The views expressed in this article are those of the author as of the date of publication and do not necessarily reflect those of <strong>Dominion Capital Strategies Limited<\/strong> or its related companies. The content of this article is not intended to constitute investment advice and will not be updated after publication. Images, videos, literary quotations, and any material that may be subject to copyright are reproduced in whole or in part in this article on the basis of fair dealing, applied to news reporting and journalistic commentary on events.<\/em><\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">To begin receiving financial advice and learn more about secure investment opportunities in the market<\/h4>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/kngadvisors.com\/en\/contact-us\/\" style=\"background:linear-gradient(135deg,rgb(0,255,246) 0%,rgb(17,17,61) 90%)\" target=\"_blank\" rel=\"noreferrer noopener\">Contact an advisor<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Markets rise despite lack of economic data and adjusted valuations: what is driving this rebound?<\/p>","protected":false},"author":2,"featured_media":12899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[18],"tags":[44],"class_list":["post-12900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","tag-mercados-bursatiles"],"_links":{"self":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts\/12900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/comments?post=12900"}],"version-history":[{"count":0,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts\/12900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/media\/12899"}],"wp:attachment":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/media?parent=12900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/categories?post=12900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/tags?post=12900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}