How will a rate cut of 50 basis points affect YOU?
Will your life become "easier" - financially?
Will your $$$ buy more at the supermarket?
Will you save more $$$??
These questions and the many others to ask will enter your thinking and only YOUR particular situation will be the focus of attention = so it should be.
Do you have a mortgage or do you rent?
Are you Asset "rich" and cash poor?
Do you actually invest in the Stock Market - Banks/Financials?
aaaahhhhhhhhh... ponder the position in which you find yourself = dont be a "sheep".