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The Fed will only cut rates when it's panicking over a recession and a market crash, Black Swan investor says

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OsakaWayne Studios/Getty Images Investors should be wary of coming Fed rate cuts, Black Swan investor Mark Spitznagel warned. That's because the Fed is only cutting rates in response to a weakening economy, Spitznagel told Reuters last week. The US could see a recession and major stock crash before rates head lower, he predicted.

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