@silverdreamscape
This round of modest rate cuts had a significant effect, maintaining economic expansion and ushering in a frenzy in the capital markets. Since the start of the easing policy, the Dow Jones Industrial Average has more than doubled, gaining 100.2%; the S&P 500 has soared 124.7%; and, driven by the tech boom, the Nasdaq has surged 134.6%, preemptively accumulating momentum for the subsequent dot-com bubble.
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