Okay, teach. Let's say that I paid ten dollars for an item in August of 2021. In August, year over year inflation was 9.1%, so now I'm paying 10.91 for that same item. It's called math. Now lets go forward to November. Now I'm paying less than 10,80 for the same item, so the price of the item DROPPED.
So, when the price drops, that's a good thing, right teach? You following, or should I draw you a picture?
When the markets saw that drop, they were encouraged that the Fed could potentially ease up on interest rate hikes, thereby easing recessionary pressure. Still following? Maybe we could draw a stick man for you. You taught kids? Jesus that's a frightening thought.