‘Bad News’ Is No Longer ‘Good News’ As Jacked-Up Jobs Data & Jamie Dimon Jolt Markets

Banks, big-tech, and the buck tumbled today as gold, crypto, and bonds all surged higher after a weak manufacturing orders print was followed up by some ugly labor market indications from the JOLTS data. In the “old days”, this ‘bad news’ would have been ‘good news’ for stocks as the ‘QE brrrrr’ trade algos kicked […] Source