Should Bad Data Rally Markets?

This week there's been an onslaught of bad economic news which points to a recession. Yet the markets rally based on the belief that bad news is good news for the stock market. The Fed will have to cut rates to stabilize the economy. However, with inflation still running hot we are at a unique time in the market. Old assumptions of what is good for the market may no longer make sense. For the rest of the trading week here's what I'm looking for...

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