What if your entire worldview was just because of low interest rates? (2022)

The NFP last week was 256K, significantly higher than the 160K predicted, and unemployment rate fell to 4.1% from 4.2%.

But instead of reacting positively to this news, SPX dropped almost 100 points.

This reminded me of the paragraph from the article:

> The Gordian knot we find ourselves in now is that good economic news is bad financial news. A strong economy means that the Fed will keep hiking rates which is bad for financial assets. Such was the case with the recent strong jobs report, which caused markets to crash. If we had an actual recession now, stocks would paradoxically explode upward because the Fed would have to revert back to cheap money. This alone says everything about how the circuits of value within finance capital have grown disconnected from the economic base.