STOCKS SINK AFTER FED LEAVES RATES UNCHANGED
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In 1937, a Fed policy shift triggered a ~49% stock market crash!
After the Depression recovery, the Fed tightened reserve requirements in 1937, helping cause the 'Roosevelt Recession.' The Dow fell nearly 49% peak-to-trough — a warning still cited by economists today when the Fed shifts course.
The Fed's 2022–23 rate hikes were the fastest in over 40 years!
From near-zero in March 2022 to 5.25%–5.50% by July 2023 — 11 hikes in 16 months — it was the most aggressive Fed tightening since Paul Volcker fought double-digit inflation in the early 1980s.
When the Fed holds rates, markets often sell off in disappointment
The Fed kept its benchmark rate at 4.25%–4.5% since Dec 2024. Investors hoping for cuts sold off stocks as inflation uncertainty persists. Follow live coverage at Reuters
Gilgo Beach victims were found while searching for someone else!
In 2010, police searched for missing escort Shannan Gilbert near Gilgo Beach, NY. Instead, they found 10 bodies along Ocean Parkway — a cold case that took 13 years and led to architect Rex Heuermann's arrest in 2023.
This storyHow old was Kevin Warsh when he joined the Fed's Board of Governors?
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