🇺🇸 Last 2 times the Fed’s first cut was 50+ bps:

▫️Jan 3, 2001
- S&P 500 fell ~39% next 448 days
- Unemployment rose another 2.1%
- Recession

▫️Sep 18, 2007
- S&P 500 fell ~54% next 372 days
- Unemployment rose another 5.3%
- Recession

▫️Sep 18, 2024
- ?
- ?
- ?

@Fin_Watch

🚨 WASHINGTON (AP) — FBI: Iranian 🇮🇷 hackers sent unsolicited information stolen from Trump 🇺🇸 campaign to people associated with Biden's campaign.

@Fin_Watch

🇯🇵 Japanese public company Metaplanet stock performance after adopting the #Bitcoin strategy.

@Fin_Watch

BREAKING: 🇺🇸 Stock market futures soar to new record highs as traders react to the first Fed rate cut since March 2020.

The S&P 500 and Nasdaq are now up over 20% this year alone.

@Fin_Watch

🚨🚨 Canada's 🇨🇦 central bank has decided to abandon plans for a central bank digital currency (#CBDC), known as the "digital loonie," after nearly five years of research, without specifying a clear reason.

@Fin_Watch

🇯🇵 Japan now has 9 million empty homes as it struggles with a declining and ageing population.

@Fin_Watch

🇺🇸 BULLISH: U.S. Initial Jobless Claims drop to 219K—lowest since May.

@Fin_Watch

🚨🚨 105 out of 114 economists were wrong (in expecting 25bps).

@Fin_Watch

🇺🇸 Citi sees Fed cutting rates by 50 bps in November

@Fin_Watch

🚨 BREAKING: Nike CEO John Donahoe is set to step down.

@Fin_Watch

🇺🇸 Donald Trump just said he is going to cap credit card interest rates at 10%.

@Fin_Watch

🇨🇳 Chinese real estate stocks are back at 2008 lows, per Bank of America

@Fin_Watch

🇺🇸MARK CUBAN ON TRUMP:

"I've known Trump for 25 years... He is the most unethical…dishonest person I've ever done business with.”

@Fin_Watch

🚨🚨 Layoffs soared in August, hitting their highest total in 15 years, while year-to-date hiring hit the lowest in 19 years of a Challenge, Gray & Christmas survey.

Announced job cuts totaled 75,891 in August, 193% higher than July.

@Fin_Watch