I see a lot of comments on social media platforms saying that people will start buying cryptocurrencies, growth stocks, and other risk on assets when the Federal Reserve pivots . Even Jim Cramer said it’s time to buy stocks when the FED pivots .
Historically speaking, FED pivots preceded stock market crashes to a tune of -28.3% on average. Considering SPX yields on average +8.5% yearly, the Federal Reserve Pivot is not a bullish catalyst.
Historically speaking, FED pivots preceded stock market crashes to a tune of -28.3% on average. Considering SPX yields on average +8.5% yearly, the Federal Reserve Pivot is not a bullish catalyst.