Well the bottom line is the fact the US economy is based on the best tax and regulatory foundation its been on for decades. I’m not sure fed rate cuts will hurt the economy, it probably would help. People need to not conflate the markets and the economy, they are separate. The markets are subject to emotional speculation pressure, the economy not so much. The markets have to follow the economy, not the other way around.
As long as US rates are positive, the world will squeak by.