Fun Fact of the Day, August 9, 2019

August 9, 2019

More Than A Decade - The Fed did cut short-term interest rates as expected on Wednesday 7/31/19, it was the Fed’s first rate cut since 12/16/08, a span of 3,879 days. The S&P 500 closed at 913 on 12/16/08. The S&P 500 closed at 3026 last Friday 7/26/19 (source: Federal Reserve).

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