@grihadj
Since everyone rushed to understand MACRO data, Inflation, unemployment, Fed rate
and as a consequence = make FORECASTS on the dynamics of S&P500 and Bitcoin
I will show you this chart☝️YES, this is the unemployment rate in the USA.
❗️❗️Last 2 times the Fed's first cut was 50+ bps:
🔸January 3, 2001
- S&P 500 fell ~39% over the next 448 days
- Unemployment rose another 2.1%
-Recession
🔸Sep 18, 2007
- S&P 500 fell ~54% over the next 372 days
- Unemployment rose another 5.3%
-Recession
🔸September 25, 2024
- ?
- ?
Solve the problem with one unknown🛠