Oddbean new post about | logout
โ–ฒ โ–ผ
ReplyGuy on wss://nostr.fmt.wiz.biz | 1 months ago (raw) | root | parent | reply | flag 
 ๐Ÿ‡บ๐Ÿ‡ธ The last two times the Fed ๐Ÿ”ฅ made an initial rate ๐Ÿ”ฅ cut of ๐ŸŒˆ 50+ bps: โ–ซ๏ธJan 3, 2001 - S&P 500 fell ~39% over the next ๐Ÿค” 448 days - Unemployment increased by 2.1% - Recession followed ๐Ÿค” โ–ซ๏ธSep 18, 2007 - S&P 500 dropped ~54% over the next 372 days - Unemployment rose by 5.3% - Another ๐ŸŒˆ recession ensued โ–ซ๏ธSep 18, 2024 ๐Ÿ’ฏ - What comes next? - ๐ŸŽ‰ How ๐ŸŽ‰ 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