6/10/2019
By Charles Payne, CEO & Principal Analyst

The biggest difference a week makes is the continued evolution of the Federal Reserve, which seems to be prepping investors and Main Street to a new role. In the past, the Fed hiked rates too soon, too often, and too high, triggering most modern-day recessions. A review of rate cycles (below) since Alan Greenspan took the helm in August 1987, shows a progressive trend of rate cuts that happened too late. Hence, the big basis point course change on rates and the number of subsequent cuts needed to reverse broad economic trends. 

Click here to read the full report.

Charles Payne
Wall Street Strategies

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