🔥 BREAKING : THE FEDERAL RESERVE HAS JUST CUT INTEREST RATES BY 50 BPS

The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020 😳

This officially marks the most surprising Fed decision since 2009.

To put this into perspective, the last two times the Fed’s first cut was 50bps+:

January 3, 2001:

- S&P 500 fell ~39% next 448 days

- Unemployment rose another 2.1%

- Recession 📉

September 18, 2007:

- S&P 500 fell ~54% next 372 days

- Unemployment rose another 5.3%

- Recession 📉

History might not repeat, but it often rhymes.

🥵