The Truth About the First Rate Cut: What It Means for Your Investments

The anticipation of the first Fed rate cut has put the markets on edge, but don’t be fooled by the hype – it may not be a disaster after all. Scott Garliss points out that historical data suggests the S&P tends to rally after monetary easing, which could bode well for risk assets like cryptocurrencies. While the initial reaction may be a sell-off, there is potential for a positive outcome in the long run. So, don’t panic just yet – the first rate cut may not be as calamitous as some fear. What are your thoughts on how the crypto market will respond to the Fed’s decision? Share your insights below!