Interest rate cuts usually lead to a decline because the process of interest rate cuts has shifted from defensive to remedy. In other words, in the history of the United States, most interest rate cuts were accompanied by economic recessions. Interest rate cuts are intended to alleviate recessions, but they cannot solve recessions. Therefore, from the perspective of long-term data, in most cases, risk markets fall when interest rates are cut.

However, interest rate cuts represent a process, and even a very long process that may last up to 16 months or more. In this process, there may be different developments as the economy changes. For example, in the early stages of interest rate cuts, if there is indeed no economic recession, the market may not be too pessimistic. I understand what you mean by Sell

The News. It means that the interest rate cut is expected, so the market reacts in advance, and users will sell after the interest rate cut.