A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here.
Good and bad are simple concepts that do not translate in these weird economic times when the Federal Reserve is trying to slow down the US economy.
It’s just about impossible to figure out exactly what, if anything, you should be rooting for.
Today, let’s take a look at the good news that may actually be bad and the bad news that may be exactly what the larger economy needs.
CNN’s Christine Romans made this point about good news vs. bad news earlier in January. Read her analysis.
Should we cheer headlines that suggest the economy is slowing down, which is what economists want?
The Federal Reserve’s goal is to control inflation without causing a recession, commonly referred to as a “soft landing,” which actually feels like more turbulence.
…
Read the full article here
