The Business Times
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For traders on Wall Street, 'good news is bad news'

The market's take: The more positive the economic data, the sooner rates will rise, hurting long-term growth outlook

Published Sun, Mar 8, 2015 · 09:50 PM

    THE US stock market just went through the looking glass.

    Last week's retreat was caused by one of the best economic reports in a decade. Investors are hoping that reports from the jobs market and retail sector this week will be terrible. Confused? You should be.

    "It's an upside down world we live in," said Joe Kinahan, chief derivatives strategist at TD Ameritrade.

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