FAQ?
Is Bad News Good News for the stock market?
With some frequency, Wall Street professionals use this phrase: “Bad news for the economy is good news for the stock market.” They also use it in reverse, with good news for the economy said to be bad for stocks. At first glance, whichever way you read it, the line might seem to make little sense.
How does Wall Street turn bad news into good news?
Here is how Wall Street turns bad news into good. A little bit of bad news can be good for financial markets. With some frequency, Wall Street professionals use this phrase: “Bad news for the economy is good news for the stock market.” They also use it in reverse, with good news for the economy said to be bad for stocks.
Is the economy “yes but”?
It’s the latest storyline in the confusing “yes, but” economy. Yes, the economy is strong, but it means the Fed may need to deliver more medicine that will hurt later. Yes, the jobs market is strong, but showing signs of slowing.
What is the biggest economic challenge now?
Boushey welcomed Friday's data showing the U.S. economy adding jobs at a solid clip in December, with the unemployment rate dropping to a pre-pandemic low of 3.5%, and said the biggest economic challenge now was persistent tightness in labor supply.
