3 ms·
I’m not sure negative employment numbers will have the effect you think they will… I remember a time in the late 90s when “bad news was good news” - which is t
by rsync 4y ago
I’m not sure negative employment numbers will have the effect you think they will…
I remember a time in the late 90s when “bad news was good news” - which is to say, bad economic news portends looser monetary policy… which has been the driver of higher equity prices.
Not saying it will work that way but …
- creakingstairs 4y agoThat was before the wonders of ~ modern monetary theory ~ though. It’s already so loose I’m not sure what can the government do to combat what’s coming.