The long-awaited interest rate cut is here. Earlier last month, the US Federal Reserve reduced interest rates by half a percentage point, a larger-than-expected cut. The move seemed to take the stock market by surprise. Amid the euphoria, some have started to wonder whether the big rate cut was made to head off an economic slowdown. Of course, it doesn’t help that we are in the middle of a US Presidential election cycle either. Opinions, as they stand, are a dime a dozen. So, what’s actually happening here? Are we headed for a recession? If so, will the stock market suffer as a result? Thankfully, we have historical statistics to put things into context. Where to next, Mr. Market? We’ll start with the good news. As a background, based on data compiled by Josh Brown, the CEO of Ritholtz Wealth Management, there have been 21 instances since 1957 where interest rate cuts were made....