On Wednesday, the Fed cut its policy rate by 50 basis points. The last three times they cut by this much were January 3, 2001, September 18, 2007, and March 3, 2020—all three marked the beginning of major recessions and stock market loss cycles.
Danielle was a guest with Jim Goddard on Talk Digital Network, discussing recent world economy and market developments. You can listen to an audio clip of the segment here.