I keep reading that good news is bad news and bad news is good news.
Huh?
Today, the US Stock Market fell on good news because the good news means the Fed Tapers.
Tomorrow is NFP. I read if it's good news, the USD weakens and if it's bad news, it strengthens. Why? Because weak jobs numbers means no Taper and strong jobs numbers mean December Taper.
The world has turned upside down.
Huh?
Today, the US Stock Market fell on good news because the good news means the Fed Tapers.
Tomorrow is NFP. I read if it's good news, the USD weakens and if it's bad news, it strengthens. Why? Because weak jobs numbers means no Taper and strong jobs numbers mean December Taper.
The world has turned upside down.