Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Job market shows signs of slowing: Will rate cuts begin earlier?
Views 177K Contents 37

Bad news is good news

US economy added fewer jobs than expected. Unemployment came in higher than expected. Wage growth was slower than expected.

All these are considered bad news. But to the stock market, they are good news.

It’s the classic bad news is good news scenario, as the “bad news” give the Fed some room to scale back on their rate hike campaign.

But something to caution - the bad news cannot go too bad. Else the market may tank. Strange? But that’s how the market works
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
8
+0
1
Translate
Report
142K Views
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
5377Followers
45Following
26KVisitors
Follow