[Data: Every time the cumulative rate cut reaches 2%, the S&P 500 rises an average of 13.9%] BlockBeats News, August 24, analysts stated that the U.S. labor market is deteriorating rapidly. According to the latest data, just the figures for May and June were revised down by -258,000 jobs, which is more than the total population of Scottsdale, Arizona. So far this year, U.S. job numbers have been revised down by 461,000, and many leading indicators of the labor market are collapsing. All of this suggests that the Federal Reserve will lower interest rates to curb inflation. However, as inflation rebounds, those without assets will face a situation similar to the post-pandemic era. Wage growth will lag behind inflation, and the wealth gap will widen. Historically, in all 20 instances when the Federal Reserve lowered interest rates to within 2% of their peak, the S&P 500 index rose an average of +13.9% over the following 12 months. Asset owners will celebrate like they did in 2021.