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The Fed Drops the Mic! Here's The Smart Way to Trade Now [StreetAuthority]    [They Laughed When I Left My Entire Career Behind...]( But nobody is laughing now! After working 90 hours every week at a big-time law firm, I decided to quit it all. Instead, I created a powerful, predictive trading system that made me a much bigger fortune than making law partner. Now, I’m showing a select group of investors my “crazy” system that’s spit out winning trades 100% of the time this year. Want in? [Click here... but hurry!](   The Fed Drops the Mic! Here's The Smart Way to Trade Now By John Persinos  The Federal Reserve’s bold 0.50% interest rate cut at the conclusion of its two-day meeting last week landed like a mic drop after a show-stopping performance. Investors applauded, with the S&P 500 and Dow Jones Industrial Average scaling new heights. As rates continue to drop, some of the most battered sectors are staging a comeback that’s poised to continue into 2025. Below, I’ll show you how to trade under these conditions. After the most aggressive round of rate hikes in four decades and the second-longest period of holding rates steady in restrictive territory, the Fed last Wednesday finally cut rates for the first time in four years. However, instead of the usual 0.25% trim, the Fed went for a more robust 0.50%, lowering the target range to 4.75%-5.0%. [Chair Jerome Powell had hinted]( at an aggressive cut during the Jackson Hole economic symposium last month. To Wall Street’s surprise, Powell and his crew delivered. The decision wasn’t driven solely by inflation, which has dropped from its peak of 9.1% in June 2022 to 2.5% in August, as measured by the headline consumer price index (CPI). Unemployment now hovers at 4.2%, still low by historical standards but on a gently rising path that reflects deflationary trends. The Fed is juggling a dual mandate: price stability and full employment. So far, the central bank has performed an admirable balancing act. The hefty rate cut has political ramifications, of course, because it will juice the economy ahead of the November 5 election. But that doesn’t mean the move was politically motivated. Partisan critics are predictably accusing Powell of being in cahoots with the Democrats. For the record, Powell is a registered Republican and a Trump appointee. The Bond Market Barometer As I frequently counsel my readers, look to the bond markets. The bond markets are barometers of economic and policy changes. A rising yield can indicate expectations of higher interest rates, while falling yields suggest the opposite. Yields have been falling recently, as bond traders priced in the Fed’s cut. Central banks around the world already had been slashing rates, making the Fed an outlier that came late to the loosening party. It’s clear the Fed wants to avoid being too restrictive for too long, even if it means going big now and reverting to smaller cuts later. This isn’t the first time the Fed has pulled the 0.50% trigger. The last times were in response to crises: the pandemic in 2020, the financial meltdown in 2008, and the dot.com bust in 2001. What’s different now? The Fed is acting not because it has to, but because it can. It’s more of an insurance policy to keep the economy humming and avoid an employment implosion. [Read More...](   [money case]( [What if money wasn't an issue ever again?]( A little-known income opportunity is offering a small group of Americans the chance to collect up to $25,260 a year in extra cash. And the only requirements you need to meet are being born before 2005... 90 seconds of free time to fill out the form... and a small starting stake... The next round of payouts is just days away. [Click here to learn more.]( You are receiving this email at {EMAIL} as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms]( |  [Privacy]( |  [Unsubscribe]( ©2024 StreetAuthority 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.