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

Source: Business Insider

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.