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Wall Street vs. Main Street, from Disease to Debt, and the College Cash Crunch.

Wall Street vs. Main Street, from Disease to Debt, and the College Cash Crunch.

FromThe Exchange


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