🇺🇸 The last two times the Fed made an initial rate cut of 50+ bps:

▫️Jan 3, 2001

- S&P 500 fell ~39% over the next 448 days

- Unemployment increased by 2.1%

- Recession followed

▫️Sep 18, 2007

- S&P 500 dropped ~54% over the next 372 days

- Unemployment rose by 5.3%

- Another recession ensued

▫️Sep 18, 2024

- What comes next?

- How will the markets respond?

- Will we face another recession?

#Fed #RateCut #Recession #Economy #SP500 #Finance