News & Events

History says stock market unlikely to be rescued by emergency interest rate cuts

March 13, 2020

“’My theory is one of the reasons you see this bear market occur after these rate cuts is that negative economic news continues to trickle out,’ DeSimone said. In the current situation, it will be months before investors have a handle on the damage done to the economy by the COVID-19 outbreak.”

OptionMetrics’ Garrett DeSimone shared insight on past central bank emergency actions and what to expect in the short-term market reaction.