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The trading philosophy of "bad news is good news" may continue in the short termđČ
Markets reacted positively to the moderate slowdown in data, with conventional 60/40 portfolios showing showing a strong 1.6% to close the week, as asset prices and growth pricing turn increasingly negatively correlated with economic surprise at the late stages of the Fed hiking cycle. âBad news is good newsâ will likely continue to be the trading mantra in the near term, as long as the softening data is not severe enough to put the economy into a hard recession. A fine line to tread indeed, and perhaps somewhat short-sighted to neutral market observers, but this is not atypical of market behaviour in late economic cycles historically.
#cryptocurrency #crypto2023 #US #FederalBank #Portfolio
Markets reacted positively to the moderate slowdown in data, with conventional 60/40 portfolios showing showing a strong 1.6% to close the week, as asset prices and growth pricing turn increasingly negatively correlated with economic surprise at the late stages of the Fed hiking cycle. âBad news is good newsâ will likely continue to be the trading mantra in the near term, as long as the softening data is not severe enough to put the economy into a hard recession. A fine line to tread indeed, and perhaps somewhat short-sighted to neutral market observers, but this is not atypical of market behaviour in late economic cycles historically.
#cryptocurrency #crypto2023 #US #FederalBank #Portfolio
#NPCI Bharat #BillPay announced the formal mainnet launch of a cross-border inbound payment bill service in association with Ripple clients #FederalBank and #Lulu Exchange. With this launch, non-Bahrainians will be able to use digital payment platforms to make payments in #India. They had to use traditional payment methods in the past.