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The Fed pivoted in 2019 when it cut interest rates three times in response to a slowdown in the global economy. This pivot helped to prevent a recession.
Also 1990 and 1994 massive rate cuts and SP500 went parabolic! 📈📈💵💵 pic.twitter.com/8JrXS3k9hp
— Seth (@seth_fin) September 18, 2023