While everyone else is focusing on whether or not the Fed will hike rates next week… I’m much more concerned about what the Fed does when it realizes that rate cuts won’t save the markets.
While everyone else is focusing on whether or not the Fed will hike rates next week… I’m much more concerned about what the Fed does when it realizes that rate cuts won’t save the markets.
Remember, the last two times the Fed started cutting rates during an economic downturn were 2000 and 2007.
We all remember what happened to stocks during those periods.
Here’s a brief reminder.
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