EPISODE · Oct 9, 2020 · 24 MIN
Trump stock market soars — and wealthy reap gains
from The Conversation with Dasha Burns · host POLITICO
President Donald Trump regularly promotes the soaring stock market as a barometer of the economy's health. But the wealthiest 1 percent of Americans own 50 percent of the value of stocks held by individual households — and investors aren’t sharing the wealth. POLITICO's Victoria Guida explains how this gap is fueling an increasingly lopsided economic recovery. Scott Bland is the host of Nerdcast and a politics editor at POLITICO.Victoria Guida is a financial services reporter for POLITICO.Adrienne Hurst is an associate producer for POLITICO audio. Jenny Ament is a senior producer for POLITICO audio. Irene Noguchi is the executive producer of POLITICO audio. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
President Donald Trump regularly promotes the soaring stock market as a barometer of the economy's health. But the wealthiest 1 percent of Americans own 50 percent of the value of stocks held by individual households — and investors aren’t sharing the wealth. POLITICO's Victoria Guida explains how this gap is fueling an increasingly lopsided economic recovery. Scott Bland is the host of Nerdcast and a politics editor at POLITICO.Victoria Guida is a financial services reporter for POLITICO.Adrienne Hurst is an associate producer for POLITICO audio. Jenny Ament is a senior producer for POLITICO audio. Irene Noguchi is the executive producer of POLITICO audio. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Trump stock market soars — and wealthy reap gains
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