MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Rate Cut With Stock Market At All-Time Highs? It’s Been Done Before — But Here’s What’s Different

TedTed
in Fund Discussions
FYI: Investors are puzzling over the apparent paradox presented by the combination of stocks trading at or near all-time highs and a Federal Reserve that appears ready to deliver an imminent rate cut.

A look back at history shows that the Fed has been willing to cut rates with stocks at or near all-time highs in the past, but it’s a phenomenon that hasn’t been seen in more than 20 years. Market analyst Charlie Bilello last week noted on Twitter that since the Fed started targeting the fed-funds rate in 1982, it has delivered rate cuts with the S&P 500 SPX, -0.12% at an all-time high seven times — the last such cut occurring in January 1996.
Regards,
Ted
https://www.marketwatch.com/story/rate-cut-with-stock-market-at-all-time-highs-its-been-done-before-2019-07-15/print

Comments

  • Gary
    I don't think it stands a snowballs chance in hell of becoming reality this month. Just a lot of jawboning - why would you waste your ammo now!!
Sign In or Register to comment.