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.
Running Length: 00:26:21More By This Author:Gundlach’s September Macro Outlook
Koo: China’s Balance Sheet Recession
Recession Warning In Wine, Watches, Art And Yields
