Investors still view ‘bad data as good for stocks’

Investors still view ‘bad data as good for stocks’: Sevens Report Editor, Tom Essaye, Quoted in Barron’s

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“For now, investors still view ‘bad data as good for stocks’ as it makes rate cuts more likely so a small miss vs. expectations should extend the early rally,” writes Sevens Report Research’s Tom Essaye.

Also, click here to view the full Barron’s article published on May 23rd, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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