The Fed just signaled that they are going to cut interest rates in September 2024 due to a slowing economy and labor market. Historically - Fed rate cuts mean the economy is about to tip into recession. With 11 of the last 15 fed rate cut cycles ending in a recession. Signaling that homebuyers, investors, and economy watchers should tread carefully over the next several months. If history repeats itself, there could be fireworks in financial markets. Jerome Powell and the Federal Reserve indicated that they are set to ease monetary policy due to a slowing in labor market conditions. The unemployment rate has spiked up to 4.3%, while the number of unemployed has also skyrocketed. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/