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SNP 500 chart on fed reserve rate cut

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NASDAQ:IXIC   Nasdaq Composite Index
This is to illustrate the Federal Reserve Rate Cut during the 2008 housing crash vs Present Day. The Rate cut was done in 2008 to come out of a recession. But presently, the rate is cut before we enter any recession. So if we do see a major recession, there is nothing for Fed to do except may be to go for negative interest rate.

Any thought?

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