|
| MuffinFlavored wrote:
| I don't get why the stock market rallied on a strong jobs report.
|
| Strong jobs report = the Federal reserve hasn't achieved what
| they wanted yet (slightly more unemployment and to bring wages
| down)
|
| In order to achieve their mission, they'll keep hiking rates or
| hold them higher for longer.
|
| How is that good news for the stock market?
|
| There's easily been at least a few job reports in the past 6-12
| months where, if it was positive, because of the Federal Reserve
| implications, the market falls.
|
| "Good news is bad news" and vice versa
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