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Jul 07 2024

Will A Rate Cut “Ring The Bell?”

  • Jul 7, 2024

We do think that a September rate cut—the first of many—now looks likely. But the aftermath of any cut might not be what traders are conditioned to expect. Subsequent to the tightening cycles of 1999-2000 and 2006-2007, the initial rate cuts provided timely excuses to dump stocks—as did most of the cuts that followed.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager