Why the Fed's first rate cut wouldn't be that big of a deal ✂️

Plus a charted review of the macro crosscurrents 🔀

(Source: Rico Flores on Unsplash)

📉 Stocks fell last week, with the S&P 500 shedding 0.8% to end at 5,459.10. The index is now up 14.4% year to date and up 52.6% from its October 12, 2022 closing low of 3,577.03. For more on stock market moves, read: Keep your stock market seat belts fastened 🎢

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The calls for the Federal Reserve to begin cutting interes…