History Says Market Will Crash After Rate Cuts...
August 24, 2024
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7:10Now PlayingHistory Says Market Will Crash After Rate Cuts...
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as posted by the channelHow will markets react after the first rate cut? Here is what history has to say after the federal reserve starts cutting interest rates for the first time!
🔸First Rate Cut - Jan 3, 2001
- S&P 500 fell ~39% next 448 days
- Unemployment rose another 2.1%
🔸First Rate Cut - Sep 18, 2007
- S&P 500 fell ~54% next 372 days
- Unemployment rose another 5.3%
🔸First Rate Cut - Sep 18, 2024
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