China is in good news is bad news mode (remember the 90s when a strong U.S. retail sales report...

|By:, SA News Editor

China is in good news is bad news mode (remember the 90s when a strong U.S. retail sales report could cause stocks to drop), as a better-than-expected report on housing prices sends Shanghai -0.4%. Strong data makes it less likely Beijing will ease policy. It seems trader dependence on central banks transcends oceans and cultures.