The last time the Federal Reserve cut rates markets rallied 10%
Central bankers gather at a prominent economic forum this week, Jackson Hole, and markets are expecting more Fed talk and potential rate cuts. Markets have now fully priced in four Fed rate cuts, with the first cut expected in September. The market also suggests there is a strong chance of a fifth cut.
The last time the Fed cut rates, marking the beginning of the rate cut cycle in August 2019, markets rallied 10%. So, will history repeat itself?
Plus, remember, November is historically the best month for equities.
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Moomoo Official Market Strategist
Investment strategist seen and heard on global media such as Fox News Business, ABC, SBS, Reuters wires.
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151453268 witso : Sorry Jess , my ears weren’t working for most of your vlog but eyes certainly were. I did pick up something though November is a good time for equities and me because its my birthday
Jessica Amir OP 151453268 witso : well happy birthday to you - what a birthday month it will be