JPR-Invest
Edited
It all looks very clear on these graphs: 🔴 As economic activity falls and unemployment rises, interest rates are lowered. 🟠 The cuts take a while to take effect, so activity and unemployment continue to worsen for a while before starting to recover. 🟠 The stock market usually starts to fall shortly before the first drop and begins to recover when activity and unemployment data begin to improve. 🟢 10-year bonds start to rise before the first cut and reach their maximum more or less at the same time as unemployment. Graph source: https://x.com/brett_eth/status/1828056911440122059/photo/1 $SPX500 $VOO $TLT $BND $IUSM.DE $IS04.DE