Bad news is good news. It defies logic.But for the stock market since the Great Recession of 2008-09, that’s the way it has worked – particularly in the US. It’s bound to end badly, but it persists for now… a sinister game of Stock Market Chicken. Whatever the employment news… whatever the debate in Congress… whatever the retail sales or manufacturing news… it just hasn’t mattered. Stocks, after a few seizures here and there, have kept moving higher.