Why the Market Fell After the Rate Cut
Hey, Ross here!
When the Fed cuts rates while the S&P 500 is at or near all-time highs, history shows a clear pattern: the index tends to be up 9.8% a year later. But in the short term, it’s a different story. One month after the cut, the median return is negative, especially when factoring in September’s seasonal trends. Don’t be surprised if the market dips in the near term, but the longer-term outlook remains bullish. Here’s why I believe the market will keep climbing in the months ahead.