The stock market has hit another all-time high this week, and Wall Street's profits for 2024 are off the charts -- nearly TWICE as high as last year's.
Meanwhile, the wealth divide in America continues to widen as average folks struggle with the post-COVID surge in cost of living and record high interest rates on their debt.
What does this growing difference between the haves and have-nots say about fairness in today's society?
And how much farther can it be stretched before some financial and/or social boiling over point is reached?
For perspective, we're fortunate to speak today with Nomi Prins, reformed Wall Streeter, author of best-sellers All The Presidents Bankers, Collusion: How Central Bankers Rigged The World, and Permanent Distortion: How the Financial Markets Abandoned The Real Economy Forever. She's also the publisher of Prinsights with Nomi Prins on Substack.
Follow Nomi at https://prinsights.substack.com/
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#banks #wealthgap #wallstreet
