Bad news for the economy is good news for the stock market… unless the worst happens

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Traders work on the floor of the New York Stock Exchange (NYSE) on November 2, 2023 in New York. Spencer Platt | Getty Images Friday’s market reaction to the jobs report comes down to a simple premise: Bad news is good news, as long as it’s not that bad. Stocks rose sharply after the Labor …

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The stock market may ignore this “bad news” as gains begin

The stock market may ignore this "bad news" as gains begin

Published: October 23, 2023 at 14:32 ET BlackRock strategists aren’t holding their breath for U.S. companies to finally turn positive in the third quarter. While many investors had hoped that the S&P 500 SPX would finally break its streak of negative quarters and post slightly positive earnings growth in the third quarter, a team of …

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