Average Forward Returns Strong Following Fed Rate Cuts

Average Forward Returns Strong Following Fed Rate Cuts

The 1-year, 3-year and 5-year average forward return of the S&P 500 following a rate cut by the Federal Reserve (percentage).

S&P

500 Average Forward Return with Recession in 12 Months

S&P

500 Average Forward Return without Recession in 12 Months

11%

15%

40%

48%

84%

97%

Forward 1-Year

Forward 3-Year

Forward 5-Year

Chart: Matthew ClarkSource: Ritholtz Wealth Management LLC; A Wealth of Common SenseGet the dataCreated with Datawrapper