On Sept. 18, the Fed reduced the benchmark interest rate by 50 basis points to the range of 4.75-5%. This marked the first rate cut since March 2020. Despite an aggressive rate cut, Wall Street ended in negative territory as market participants were concerned that the big rate cut was a move by the central bank to protect the economy from an imminent recession.In contrast, on Sept. 19, U.S. stock markets witnessed an impressive rebound following a strong labor market data. Investors seem convinced that the ...