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ilmscore | Prediction Details
"In 2020, we had two emergency rate cuts when the pandemic happened. The Fed cut interest rates by 1 and a.5% and the stock market rose by 16% over the year. In 2019, the Fed cut interest rates by 0.75% and we saw the stock market, the S&P 500 rise by just over 28%."
By
Minority Mindset
|
September 20, 2024
|
Pending
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From video
The Fed Just Made The Regular American Poorer
00:12:07 - 00:12:30
Interpreted Prediction
In 2020, a 1.5% Fed rate cut led to a 16% S&P 500 increase. In 2019, a 0.75% Fed rate cut resulted in an S&P 500 increase of over 28%.
Prediction Details
Topic
S&P 500 Performance during Rate Cuts
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