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Federal Reserve to Cut Interest Rates for Fifth Time Today: S&P 500 Up Nearly 20% After Previous Four Cuts

Summary: In breaking news, analyst Kobeissi released data indicating that the Federal Reserve will cut interest rates today amidst the backdrop of the S&P 500 hitting a historic high, marking the fifth occurrence in history. In the previous four similar instances, the S&P 500 index saw gains in all 12 months following, with an average increase ...

In breaking news, analyst Kobeissi released data indicating that the Federal Reserve will cut interest rates today amidst the backdrop of the S&P 500 hitting a historic high, marking the fifth occurrence in history. In the previous four similar instances, the S&P 500 index saw gains in all 12 months following, with an average increase of nearly 20% over 12 months.

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