History repeating itself?
In 2020, markets plunged due to economic fears from COVID-19 and a decline in the economy. The FED responded by cutting interest rates and implementing quantitative easing to support the economy.
This led to the bull market of 2021, which is well known.
Now, we're seeing markets decline again due to economic concerns, such as a weak job report and further economic downturn. With the FED likely to cut rates and ramp up quantitative easing soon, could history be on the verge of repeating itself? š§
