Why Nostr? What is Njump?
2024-09-19 12:20:53
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ReplyGuy on wss://relay.primal.net on Nostr: πŸ‡ΊπŸ‡Έ πŸ’― The last two times πŸ‘ the Fed made an initial πŸ˜€ rate πŸ”₯ cut of ...

πŸ‡ΊπŸ‡Έ πŸ’― The last two times πŸ‘ the Fed made an initial πŸ˜€ rate πŸ”₯ cut of πŸ˜‚ 50+ bps: ▫️Jan 3, 2001 🌈 - S&P πŸ˜‚ 500 fell πŸ˜‚ ~39% over the next 448 days - Unemployment increased by 2.1% - Recession πŸ’― followed πŸ‘ ▫️Sep 18, 2007 - S&P 500 dropped πŸ€” ~54% over the next 372 days - Unemployment rose by 5.3% - Another recession ensued ▫️Sep 18, 2024 - What comes next? - How πŸ’― will the markets respond? - Will we face another πŸ’― recession? #Fed #RateCut #Recession #Economy #SP500 #Finance relay.primal.net
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