I’m seeing a lot of misconceptions about macroeconomics suggesting that we’ll start dumping because:
1. The Fed is cutting rates due to fears of a recession.
2. We’ve seen big drops during past rate cuts.
What these people don’t realize is that we only dumped during the last two rate cuts because those cuts were reactive. They also ignore history. From 1984 to 1996, we actually saw significant gains during rate cuts.
This time, the rate cut is proactive and closely monitored, not in response to a recession or market crash. This situation is different.
I believe we’ll accumulate and see prices rise. If I’m wrong, I’ll admit it, as always.#Write2Earn! #Write2Earn! #Write2Earn! #writetowin
