🔥The #S&P500 index has surged to a new record high following a surprise decision from the US Federal Reserve (#Fed ).
The Fed cut interest rates by 0.5%, a move that no one expected. As a result, the S&P 500 index has increased by 20% since the beginning of the year.
However, what is surprising is that market volatility has continued to increase, even as the index reached an all-time high. Now, the important question is why the Fed decided to cut interest rates so drastically.
If this is a sign that a recession may be coming, the whole economy will likely react negatively and may fall in the near future.
In short, we should not be too pessimistic but also not too optimistic, always be ready for the worst scenario and keep your investment disciplined no matter what happens!