Economic Beat: Markets are shifting into “good news is bad news” mode

How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.

Economic Beat: June 6, 2022

Last week, U.S. stocks failed to make gains for a second consecutive week, with the major indices seeing declines of about 1 percent. Markets are shifting into "good news is bad news" mode, particularly after the better May payrolls number. At first glance, one might think a good jobs report would be positive for stocks, but instead equities fell because it will potentially motivate the Fed to raise rates at a quicker pace to cool the economy down. Listen to this week’s full Economic Beat update or read the transcript below.

To listen to past Economic Beat updates, click here.