stocks limped on the low volumes of the prechristmas week battered by conflicting data and leaving investors with a muddled outlook going into 2023 it’s a dynamic in which good news and bad news tend to be interpreted as bad news “the bulls can’t win” wrote edward yardeni president of yardeni research on thursday “if the economic indicators are too strong the fed will have no choice but to tighten until a recession occurs if they are weak then a recession might be coming sooner”