Fox’s Brian Kilmeade Asks If the Stock Market Will Be ‘Ready to Explode’ When Social Distancing Ends

Fox’s Brian Kilmeade Asks If the Stock Market Will Be ‘Ready to Explode’ When Social Distancing Ends

Fox News’ Brian Kilmeade wondered on Wednesday if the stock market would bounce back rapidly once social distancing measures have ended. The Fox & Friends host was speaking to Professor Brian Brenberg about personal finances and the government rescue package.

Brenberg explained that people with retirement accounts should wait until the market improves before selling anything.

“So Brian, if it’s June 1, and almost everybody’s back to work and the restaurants are open again, are you expecting a slingshot with the stock market?” Kilmeade asked. “Of it just ready to explode? And could people not have to wait that long to get their values back?”

“Well, you know, a slingshot is pretty aggressive,” Brenberg cautioned. “But I do think because the economy was strong coming into this we can bounce back quicker than people think about it depends on getting the disease under control, getting the spread under control.”

“So again, the longer you can wait on things like taking money out of your retirement account, the better you’re going to be,” he said.

The stock market has registered recorded losses over the past few weeks and is expected to suffer further such losses today. Kilmeade’s interest in the markets bouncing back aggressively in unsurprising as President Donald Trump has focused on stock market performance in his response to the global pandemic.

Watch the video above, via Fox News.

Darragh Roche

Darragh Roche

Darragh Roche is Political Media Editor