Many prominent traders are betting on a rate cut by the Bank of England; a 50 basis point cut is expected by the end of the year.
The US is also expected to announce a rate cut at next week's meeting!!!
Will a rate cut usher in a bull market?
Actually, I don't think so. Maybe a bull market will come after a long time, but I haven't seen a change in the market in the short term.
According to previous practice, there is a high probability of a decline after a rate cut.
The market will only improve a few months after the rate cut.
So we must be prepared for a rate cut and a fall after a rate cut.
Pay attention to controlling risks. The market is unpredictable and no one can predict it! ! !