Hello, Rebel Capitals, hope you're well.

So we've all heard the news.

The Fed is going to drop rates,

and therefore you should start buying stocks right now,

because we know that as soon as the Fed drops rates oil, especially

if they announce another round of quantitative easing that the stock market is going to go parabolic to the moon baby or at

least that's the mainstream narrative let's go ahead and look at the empirical data. Let's look at

history and see what has happened in the past. Going over to an article from

Zero Hedge and I think one of the most underrated guys in the space is Lance Roberts.

He still does a lot of podcasts with my good buddy Adam Taggart on Adam's new channel.

I don't know if he's plans are still doing stuff with Wealthian.

But let's go over this blog post,

and he points out some very interesting details, great charts, but there's some areas that I completely disagree with him.

And I think he's got it wrong and I'll tell you why specifically and

we'll go over some charts to back up what I'm saying but he starts off by

highlighting the fact that hey, when the Fed drops rates, that ain't bullish.

Historically, that's very, very bearish. And I think his partner is Michael Leibowitz, and he has an earlier post called Fed Reserve Pivots are not bullish.

Quote, since 1970, there have been nine instances in which the Fed significantly cut

Fed funds rate.

The average, average max drawdown from the start of each rate cut to the bottom of the market

was 27.25 percent almost 30%. So check this chart out guys. And this is what I talk about over and over and over again. So when I sit here and say that the market's insane and that we've never had a soft landing or no landing and I sit here and talk I sound like I'm crazy because it's so counter to what you hear when you turn on the news or you look at

Fintwit or you watch Bloomberg or whatever but when you actually look at the

...