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Why recent stock market gains might not benefit the economy

Why recent stock market gains might not benefit the economy

08/23/2018

PBS News Hour

Why recent stock market gains might not benefit the economy

Clip: 8/23/2018 | 6m 4sVideo has Closed Captions

Why recent stock market gains might not benefit the economy

This week has marked the longest uninterrupted stock market gains in U.S. history, thanks in part to a steady economic recovery now nine years old. But another driver is the growth of stock buybacks: companies purchasing their own shares. Whether this practice benefits the larger economy is very much in question. Economics correspondent Paul Solman has more in his weekly series, Making Sense.

08/23/2018

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