Economists: The market reacted coldly to the Fed's significant rate cuts, which may just be the calm before the storm

ChainCatcher news, investors originally expected the market to be highly volatile after a significant rate cut by the Federal Reserve, but instead, they saw a calm and stable market. However, this tranquility may dissipate quickly.

"I don't think this calm will last long," said Brian Jacobsen, Chief Economist at Annex Wealth Management, noting that the stock market reversed later that evening, which may indicate a weaker outlook for stocks, "unless we get some data that can provide a clear sense of direction." Jacobsen stated that the market will be watching for upcoming data, such as Thursday's initial jobless claims. Jacobsen said, "The Federal Reserve is clearly in a catch-up mode and is trying to make up for lost time with the recently implemented rate cuts."