RE:Last hike to first Fed funds cut The amateurs on this board will have you believe that interest rate cuts is bullish for the economy or the stocks they own. This statement couldn't be further from the truth.
Recessions follow very closely to around the timing of the first rate cut. The average drawdown of a recession is about 35% peak to trough. This suggests to me that the stock market may be due for a serious correction and the majority of companies will begin to feel the pain.
You've been warned.