YES, The Fed Has Cut Rates Near All-Time Highs Before… and Markets Loved It

New data shows that when the Fed cuts rates while the S&P 500 is within 2% of an ATH, markets usually keep climbing:

• Next 3 months: 77% of the time positive

• Next 6 months: 73% positive

• Next 12 months: 100% positive

• Average 1-year return: +13.9%

History says simple

Rate cuts near highs don’t kill the bull they often extend it.