MarketWatch: U.S. stocks score biggest one-day gain since 2008 after Trump declares national emergency over coronavirus

March 13, 2020
Original article by William Watts and Joy Wiltermuth

Jim Gubitosi, co-Chief Investment Officer at Income Research, was quoted in MarketWatch following U.S. President Donald Trump’s national emergency declaration over coronavirus. As economists anticipate a “novel” global recession driven by the pandemic, Jim notes that credit investors remain cautious, and although markets will experience a tough stretch for a while, “there will be a fair amount of monetary and fiscal stimulus that kicks in at some point.”

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