Trump stock market soars and wealthy reap gains

Published: Oct. 9, 2020, 5 a.m.

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 \u2014 and investors aren\u2019t sharing the wealth. POLITICO's Victoria Guida explains how this gap is fueling an increasingly lopsided economic recovery.\nScott 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.\xa0Jenny Ament is a senior producer for POLITICO audio.\xa0Irene Noguchi is the executive producer of POLITICO audio.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices