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EDITORIAL

A welcome return to 'good economic news is good for stocks'

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Over the past seven years, financial markets have largely operated on the understanding that "bad economic news is good for risky assets" since it implies that central bank support in the form of "quantitative easing" and loose monetary policy would have to continue to boost flagging growth.

Over the past seven years, financial markets have largely operated on the understanding that "bad economic news is good for risky assets" since it implies that central bank support in the form of "quantitative easing" and loose monetary policy would have to continue to boost flagging growth.

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