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The idea that a bull market will begin once interest rate hikes stop is too simplistic and cannot be considered solely from the perspective of the cost of funds. Decades of data show that markets mostly decline during interest rate cuts in anticipation of the start of a recession. At the end of the interest rate cut or when it begins to stop, the market turns bullish, indicating that recovery has begun. #加息 #牛回

The idea that a bull market will begin once interest rate hikes stop is too simplistic and cannot be considered solely from the perspective of the cost of funds.

Decades of data show that markets mostly decline during interest rate cuts in anticipation of the start of a recession.

At the end of the interest rate cut or when it begins to stop, the market turns bullish, indicating that recovery has begun.

#加息 #牛回

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