Joel Elconin - Rate Cut At All Time Highs, Will History Repeat With Markets Going Higher?

Oct 30, 2025

Joel Elconin, founder of the Stock Trader Network and co-host of the PreMarket Prep Show, shares expert insights on the market's reaction to the latest Fed rate cut. He explores how historically, such cuts have led to market gains. The discussion addresses concerns over Jerome Powell's hawkish stance and the economic implications of a government shutdown. Elconin analyzes the impact of trade dynamics on critical minerals and raises alarms about potential AI overspending, emphasizing a shift from tech to value stocks.

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INSIGHT

Fed Cuts At Highs Predict Future Gains

Historical data shows every Fed cut at all-time highs since 1980 led to higher markets one year later.
Joel advises treating probabilities as useful guides, not guarantees.

INSIGHT

Hawkish Fed Statement Shifts Expectations

Jerome Powell's statement was hawkish and surprised markets expecting dovish guidance.
Joel warns that a less-certain December cut raises questions about 2026 policy paths.

INSIGHT

Shutdown Hobbles Data And Economic Activity

The U.S. government shutdown is reducing data flow and is starting to hurt the economy.
Joel highlights lower spending and billions lost daily as risks to growth and markets.

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In this KE Report Daily Editorial, we’re joined by Joel Elcoin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, to break down the volatile market reaction to the latest Fed rate cut, shifting investor sentiment, and the reemergence of the value trade.

Key Discussion Highlights:

Fed Cuts at Market Highs: Since 1980, every instance of the Fed cutting rates at all-time highs has been followed by higher markets one year later - will history repeat itself?
Hawkish Powell & Government Shutdown Risks: Despite the cut, Jerome Powell’s hawkish tone and the ongoing U.S. government shutdown are adding uncertainty, with concerns growing over missed data and economic drag.
Trade Wars and Critical Minerals: Trump’s latest trade maneuvering - cutting new deals with Australia and Southeast Asia - may have backfired, strengthening China’s position and unsettling markets overnight.
Earnings & AI Fatigue: Big tech names like Meta and Nvidia highlight how massive AI spending may be outpacing returns, prompting investors to question where the next phase of growth will come from.
Rotation to Value: With tech under pressure, capital is flowing toward financials, utilities, and defensive value plays like Berkshire Hathaway and JP Morgan—signaling a market shifting gears, not retreating.

Click here to visit Joel’s PreMarket Prep website

Click here to visit the Stock Trader Network

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