Update: Good News now really is Good News

Reading Time: 2 minutes Mohamed El-Erian of PIMCO put out a great blog piece a few days ago, the gist of which was, to paraphrase: – Major equity markets reacted negatively to the seemingly better-than-expected US Q3 GDP print, and twitter IPO on Thursday November 7th – Major equity markets reacted positively to the better-than-expected October jobs report on Friday November … More Update: Good News now really is Good News