Bank of America is advising clients to sell stocks once the Fed starts cutting rates, why? Because while rate cuts on the face of it seem good for stocks history tells us rate cuts heading into a recession = stock market and property market crashes. That is because the Fed (and any central bank) never cuts rates unless it has to and panic rate cuts like we are going to see now only come once the economy is falling off a cliff.
Best examples of what is coming IMO is 1987 and 2008 except I argue it will be worse than both since the bubble is much much bigger this time. The give away of what's coming is Buffet busy selling as much stock as he can and building the largest cash position his company has ever had in its history. But I am sure retail know better than the Oracle of Omaha .
P.S. I don't like sounding so bearish but this is text book stuff and continues to repeat over and over so not hard to see what is going to happen. Good luck all .
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