Skip to content
Opinion
John Authers

Watch the Data Before Falling Too Hard for This Rally

The Fed thinks forward guidance is too risky and is vowing to be led by information as it develops. Investors should treat this bear-market surge the same way.

Pedestrians outside the New York Stock Exchange.

Pedestrians outside the New York Stock Exchange.

Photographer: Jonathan Alpeyrie/Bloomberg

To get John Authers’ newsletter delivered directly to your inbox, sign up here.

Necessity is the mother of invention, so they say. And in this case, stupidity is as well.