So the FED gives a statement the stock markets like yesterday and stocks soar. Then Jobless claims fall to their lowest level since 2007 and the stock market sells off today? What gives? I think bad news is good for the market and good news is bad. Why? Because bad news means interest rates will not go up, and good news means interest rates might go up. What a way to run an economy. Lets see what happens with the rest of the day.
What do you think?
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