General Discussion Topics, page-93535

To be fair, a lot has changed. You really can't predict this stuff but I reckon lower rates will be bullish for equities in the longer run, despite history showing that rate cuts tend to precede market downturns. This is a bit different to historical examples as there has not been any major deterioration in economic indicators (even growth) which shows that rate rises have been effective at containing inflation without a negative impact on the rest of the economy. Whilst there is delay between changes in rates and the impact on the economy, you would usually see hints of the impact on growth and unemployment by now and it has really been quite small.