🚨 BIG MARKET REACTION TODAY: DECEMBER FED RATE CUT ODDS JUST PLUNGED ON KALSHI. BLS officially cancels the October Jobs Report — couldn't retroactively collect household survey data (unemployment rate, etc.). Nonfarm payrolls get folded into an extra-delayed November report dropping Dec 16... after the FOMC meeting. No October NFP print, no timely November data → Fed flies half-blind into December decision. Markets instantly trimmed cut bets: 🔸 Hold steady: 66% rising 🔸 25bps cut: ~32% 🔸 50bps+: basically dead Powell already said “no cut is preordained.” Now there’s even less labor-market visibility. https://kalshi.com/markets/kxfeddecision/fed-meeting/kxfeddecision-25dec?utm_source=walterbloomberg(*Walter Bloomberg)