Oddbean new post about login | logout ๐บ๐ธ The last two times the Fed ๐ฅ made an initial rate ๐ฅ cut of ๐ 50+ bps: โซ๏ธJan 3, 2001 - S&P 500 fell ~39% over the next ๐ค 448 days - Unemployment increased by 2.1% - Recession followed ๐ค โซ๏ธSep 18, 2007 - S&P 500 dropped ~54% over the next 372 days - Unemployment rose by 5.3% - Another ๐ recession ensued โซ๏ธSep 18, 2024 ๐ฏ - What comes next? - ๐ How ๐ will the markets respond? - Will we face another recession? #Fed #RateCut #Recession #Economy #SP500 #Finance https://m.primal.net/KuVA.jpg
๐บ๐ธ The last two times the Fed ๐ฅ made an initial rate ๐ฅ cut of ๐ 50+ bps: โซ๏ธJan 3, 2001 - S&P 500 fell ~39% over the next ๐ค 448 days - Unemployment increased by 2.1% - Recession followed ๐ค โซ๏ธSep 18, 2007 - S&P 500 dropped ~54% over the next 372 days - Unemployment rose by 5.3% - Another ๐ recession ensued โซ๏ธSep 18, 2024 ๐ฏ - What comes next? - ๐ How ๐ will the markets respond? - Will we face another recession? #Fed #RateCut #Recession #Economy #SP500 #Finance https://m.primal.net/KuVA.jpg nostr.fmt.wiz.biz
