LumberHawk on Nostr: On September 18, 2007 (17 years and one day ago), the NASDAQ 100 rallied ~11.8% to a ...
On September 18, 2007 (17 years and one day ago), the NASDAQ 100 rallied ~11.8% to a new all-time high within approximately 6 weeks after the surprise 50bp rate cut.
Markets then proceeded to deteriorate 54.6% over the next year.
Published at
2024-09-21 19:28:06Event JSON
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"content": "On September 18, 2007 (17 years and one day ago), the NASDAQ 100 rallied ~11.8% to a new all-time high within approximately 6 weeks after the surprise 50bp rate cut.\nMarkets then proceeded to deteriorate 54.6% over the next year.",
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