“Bad News Is Great Again” – Global Stocks Soar After Yellen Admits Global Economy Is Much Weaker
by Tyler Durden
ZeroHedge.com
03/30/2016
At the end of the day, it was all about the dollar and the reason for this morning’s stock surge around the globe, as we noted last night, is absurdly delightful: Yellen signaled “weakening world growth” and “less confidence in the renormalization process.” In other words, the “bad news is good news” mantra is back front and center.
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