Bulls claim they would, but history contradicts them: when valuations are extended, sharply lower rates crush rather than boost stocks. Since the beginning of this year, stock market bulls have confidently been predicting two things: firstly, the Reserve Bank of Australia will slash its Overnight Cash Rate (OCR); secondly and consequently, stocks will generate above-average … [Read more...] about Why “faster and deeper” rate cuts likely wouldn’t lift shares
Chris Leithner