Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed

Rate cuts are coming, they’re going to happen starting September 18. The stock market’s dreams are getting closer. Until July, rate cut mania whipped the market higher, and now that these dreams are lining up to become true, it’s getting ugly in some big corners of the stock market.