tag:Federal Reserve System

Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market.Large rate cuts – such as those Fed officials approved and forecast last week – typically reflect an economy…

Americans woke up Monday morning to a stock market that was plummeting, further evidence that the country could be heading toward a recession.The Nasdaq and the S&P 500 were each down 3% on the day, and the Dow lost 2.6%. The…

U.S. stocks jumped Thursday following the Federal Reserve’s decision to go big with a 50 basis point cut to interest rates.The Dow Jones Industrial Average closed above 42,000 for the first time, ending the day up 1.3% at a record…