Zaheer Sidhu
@alphaoutcast
🔈The last two times the Fed's first rate cut was 50+ basis points: 🔸 Jan 3, 2001: • S&P 500 dropped ~39% over the next 448 days • Unemployment increased by another 2.1% • Led to a recession 🔸 Sep 18, 2007: • S&P 500 dropped ~54% over the next 372 days • Unemployment increased by another 5.3% • Led to a recession 🔸 Sep 18, 2024: • ? • ? • ?
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