44 min listen
Wall Street vs. Main Street, from Disease to Debt, and the College Cash Crunch.
FromThe Exchange
ratings:
Length:
49 minutes
Released:
Apr 27, 2020
Format:
Podcast episode
Description
The S&P is now just 15 percent beneath its all-time high and 30 percent from the lows a month ago despite a pandemic that’s cost 26 million jobs. So is the stock market being too optimistic? We take a closer look at the disconnect between Wall Street and the real economy.Plus, after the disease come the debt. The U.S. is heading for a nearly 4 Trillion dollar deficit this year. How can things get back on track? We’ll explore.And, public colleges are losing millions in state funding across the country as state budgets take a huge hit. We’ll look at the ripple effect- including closures-this could have for years to come.
Released:
Apr 27, 2020
Format:
Podcast episode
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