Wall Street Week Ahead: Good news on jobs may be bad for stocks
By Caroline Valetkevitch
NEW YORK (Reuters) – Standing conventional stock market wisdom on its head, investors may wish for weaker-than-expected employment numbers next Friday.
A strong jobs report could prompt an early end to the Federal Reserve’s policy of pumping money into the banking system to rescue the economy and set off the stock market’s long-awaited pullback.
The Fed’s loose monetary policy since the end of 2008 has kept interest rates low and propelled stocks to record highs.
via Wall Street Week Ahead: Good news on jobs may be bad for stocks – Yahoo! Finance.