Why "Bad News Is Good News Again" and How to Profit
July 24, 2020 at 05:00 AM EDT
Like it has been since March, truly good news is kind of thin on the ground. The economic recovery is slowing as cases of coronavirus skyrocket in regions that were spared the worst of the initial winter and spring 2020 outbreaks. And yet stocks have largely made up their March losses, with the NASDAQ Composite in particular blowing right past its early 2020 highs to all-new territory. In fact, we've seen the fastest and perhaps unlikeliest stock market rally in American history all while getting bad news this year... Frankly, this performance is because of , not despite, bad news - or, more to the point, unprecedented measures the Fed has taken in an unprecedented crisis. When we look closer, it's actually a pretty amazing feat of "financial alchemy" that Fed Chair Jerome Powell has pulled off - and understanding it is the key to picking the right shares to buy now, like these two "bad news is good news" stocks to pick up today... Full Story The post Why "Bad News Is Good News Again" and How to Profit appeared first on Money Morning - We Make Investing Profitable . When we look closer, it's actually a pretty amazing feat of "financial alchemy" that Fed Chair Jerome Powell has pulled off - and understanding it is the key to picking the right shares to buy now, like these two "bad news is good news" stocks to pick up today... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.