You may not realize it, but it has been 3,878 days (10.5+ years) since the FOMC last cut rates. As shown below, this is the second longest streak on record behind the 4,115 days that passed between cuts in the Discount Rate back in 1954.
We just published a B.I.G. Tips report for Premium research subscribers looking at the S&P 500’s performance in the weeks and months following rate cuts after long periods without one. In the report, we also look at how the S&P 500 typically performs on Fed Days specifically and which sectors typically do best and worst.
To read this report, start a two-week free trial to Bespoke Premium!