We’ve just published our regular pre-Fed report ahead of another expected rate cut from Chair Powell tomorrow. If you’d like to see our analysis of Fed expectations for tomorrow and beyond, and how the stock market typically reacts to rate cuts, start a two-week free trial to Bespoke Premium. You won’t be disappointed!
One thing for sure is that the stock market has not taken kindly to Chair Powell on Fed Days during his tenure. Below is an intraday composite chart of the S&P 500 on all Fed Days under Powell’s helm. Do we get another day like this tomorrow or will it be more of the same? Read more in our just-published report. You can sign up for access here.