History is always strikingly similar, but it will not simply repeat itself.
Here are four points to note about the rate cut:
First, the time is 2 a.m. on Thursday, Beijing time, which is before the opening of the second trading day after the holiday. So if you want to add to the U.S. stocks, you might as well wait. After Wednesday, the situation will become clearer.
Second, the rate cut range. Different rate cut ranges will lead to chain reactions among various investment targets and people's expectations for market development. If the Fed wants to cut interest rates by 50BP, it must defeat the expectation of recession.
Third, the dot plot released by the meeting will show the trend of the future rate cut cycle after this decision. According to the latest expectations, the interest rate futures market is pricing in a rate cut of 114bps within the year, and a rate cut of more than 200bps before the end of 25 years.
Fourth, after the resolution is announced, there will be a press conference by Bao to see if Bao's three-inch tongue can reverse it.