Interesting sharing about the effects of rate cuts

watch the first 8mins of this video and listen to his past experience in market crash of 2000.. (click on the blue YouTube Link)

- YouTube

interestingly, in that year, 2 days before FOMC, the FED cut 0.5 for interest rate and then when FOMC kick in, another 0.5 was cut.. in a short span of 2days, a total of 1 full interest point was cut..

we might see the same and then the crash may happen..

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Gan John : Is it going to crash?

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OceansWave OP Gan John : I have no crystal ball.. but typically when interest rates are implemented, stock market will be weaker…

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Gan John : Thankyou

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OceansWave

I ain’t any guru… i follow technicals and trend line of the market

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