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Why stock-market investors may no longer see bad news as good news
Investors are out of the blue concerned about a likely recession. That indicates “bad news” on the overall economy might no for a longer period be “good news” for the stock current market. Right up until just lately, buyers welcomed indicators of a slowing financial system, figuring it meant the Federal Reserve would soon cease boosting fascination charges, presumably in time to avert a economic downturn as inflation cooled. Subsequent past month’s banking troubles, investors look a lot more fearful of a probable downturn, current market watchers reported. The market place has shifted its aim from inflation to economic downturn this year, in accordance to Michele Morra, portfolio manager at…