Unemployment report wasn't good and now the S&P is off about 10 points. The more interesting thing to me is the move down in oil. With the Fed dual mandate of full employment and price stability they've been saying we cannot do a lot to try and reduce unemployment with inflation at the high end of their acceptable range. But with oil prices moving down that can open up the easing window, so we're in that weird land of bad news maybe good news for stocks.
Welcome to the world in which we live and breath. Currently there is no such thing as truley good or bad news has been that way since at least 2009.
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