According to the analyst, the market's negative reaction to a positive change in such a key economic indicator is a consequence of the new paradigm of markets, especially as high-risk as cryptocurrencies markets. The catch, Clemente explains, is that we have reached a point where bad economic news is good news for the markets and vice versa.
Good reports on the new paradigm, which is ruled by the dreaded word"recession" and record inflation, means that the U.S. Federal Reserve still has room to tighten monetary policy, which is bad for markets.
WClementeIII I haven’t seen any crypto drop today…
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