The Zhitong Finance App learned that the tail risk hedge fund Universa said that the Federal Reserve's first interest rate cut indicates that the US recession is imminent, and the financial market may once again experience a sharp decline, which will force the central bank to bail out the market by buying bonds.

The Zhitong Finance App learned that the tail risk hedge fund Universa said that the Federal Reserve's first interest rate cut indicates that the US recession is imminent, and the financial market may once again experience a sharp decline, which will force the central bank to bail out the market by buying bonds.