Big Difference Between Rate Cuts That Save the Economy From Recession and Those That Don’t

Markets turn to the Fed for significant rate cuts

Highlights

• Markets turn to the Fed for significant rate cuts

• The narrative is eerily similar to 1990, 2000, and 2007

• Bitcoin cannot mimic gold’s diversification benefits

• Only a matter of time before rising unemployment overtakes hiring activity

While We Were Sleeping

Yesterday’s Recap

• First time ever that the Dow plunged more than -1,000 points…