Bad News is Good News? Stock Market's Risky Game

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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Is the stock market's bad news is good news rally about to end? Stocks keep hitting new highs despite economic weakness, fueled by hopes for Fed rate cuts. But with manufacturing shrinking, inflation sticking around, and job numbers being revised downwards, some experts warn that the market is overvalued and a rate cut might trigger a sell-off. All eyes are on Thursday's inflation report, which could be the catalyst that finally makes investors see bad news as, well, bad. Hosted on Acast. See acast.com/privacy for more information.