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Could Rate Cuts Trigger a Repeat of 2007? | 9.20.24 OVTLYR Trading Room
In this video, we’re tackling a huge question: Could this recent rate cut spark the next recession? With the Fed dropping interest rates by 50 basis points, we’re diving deep into what this could mean for the economy, the stock market, and your investments. Historically, 10 out of the last 14 rate cuts have signaled a recession—so what’s next? We break down the latest movements in key stocks like $SPY, $DIA, $QQQ, $TSLA, and $LUNR. You’ll get a front-row seat to how the market’s reacting, with a focus on trends, technical indicators, and breath signals. There’s been a lot of bullish activity…
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