...historical precedents favours the latter scenario, especially when the economy showed signs of turning lower.
What happens after the first Fed cut? It all depends on the strength of the economy.
If the economy does not enter a recession, the S&P 500 averages gains of about 12.5% over the year that follows.
If the economy does enter a recession, the S&P 500 averages losses of about 13%.
https://x.com/Mayhem4Markets/status/1818578728718409784
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