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Our Views: In our weird economy, good news can be bad for markets

Por: The Advocate Opinion November 22, 2022

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In the weird wild world of Wall Street, it’s bad news that more people are working and good news that people can’t buy more houses.Go figure.Inflation is for which the Federal Reserve System is prescribing interest rate hikes. That will, with a bit of a lag, be the medicine to slow the economy and reduce inflation’s pressures.Or that’s the theory. And in the meantime, it means that up can be bad and down could be good.On Friday, the... + full article



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