Wage Growth Disappointment Sparks “Bad News Is Good News” Bid For Stocks, Bonds; Dollar Dumps

Friday, February 3, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Feb 3, 2017

he disappointing slowdown in average hourly earnings growth – the weakest since August – means The Fed is likely on hold for March at a minimum and that “bad news” is great news for stocks and bonds and is sending the dollar tumbling…

The Rest…HERE

This entry was posted on Friday, February 3rd, 2017 at 12:03 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.

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