Thomas Kee

The Great Fed Rate Cutting Myth: Look Out Below

I won't comment on all posts here, but in general...

The Fed did not start the Target Rate until 1997. This analysis stems from the beginning of the Fed offering a target rate.

Since then there are disctinct correlations. The above charts show that. They need not be exact, but they are good indicators, that's the point. If you can identify the turning points in the Fed Funds rate you can usually do the same in the Market.