Tag: stock market

Buybacks don’t grow the American economy. So why are buybacks so popular with Corporate CEOs?

The stock market is owned by the rich. It tells you little about how ordinary Americans are doing.

But wait – nearly all stock is owned by the richest 10 percent of Americans, so the Dow Jones Average says nothing about the economic condition of the 90 percent majority of Americans.

Is the stock market about to totally crash?

The U.S. economy is in sad shape. Yet, corporate media tries to explain the recent stock market decline, which erased $2.1 trillion in the market value of stocks and in the pockets of Americans’ retirement savings, so logically.

While Americans watched stock prices tumble across the globe in Monday’s market turmoil, economist Michael Hudson joins Democracy Now to help make sense of what’s really behind the fluctuations in the market.