WALL STREET

Default content image
Listen
Media Options
Listen

The financial markets continue to soar and share prices are hitting undreamed-of heights. And in the process, more and more Americans are exposing their pensions and life savings in the stock market.

But is what’s happening on Wall Street sustainable? Or is it, as Federal Reserve Chairman Alan Greenspan said recently, irrational exuberance?

Guest:
• Doug Henwood, the editor of Left Business Observer, a monthly financial newsletter, and the author of the new book Wall Street: How It Works and For Whom.

Related Story

Video squareStoryAug 09, 2018$1 an Hour to Fight Largest Fire in CA History: Are Prison Firefighting Programs Slave Labor?
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Up arrowTop