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Nov 2, 2016

Marketplace for Wednesday, November 2, 2016

For the first time in 30 years, banks didn’t make up the majority of mortgages last quarter. Is that risky for the economy? Speaking of economic anxiety, many traders are hedging a week before election day as polls tighten up. Plus, a little-known reason for sky-high student debt.

Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. As Wall Street continues to feel election uncertainty, the Dow Jones closes fell more than 100 points.
Spencer Platt/Getty Images

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Segments From This Episode

A little known reason why students have so much debt
by Amy Scott
Kevork Djansezian/Getty Images
Colleges cannot require more than minimal financial counseling.
What happens when a motel becomes home
by Kai Ryssdal and Robert Garrova
Spencer Platt/Getty Images
Kai Ryssdal talks with Christopher Dum about his new book “Exiled in America: Life on the Margins in a Residential Motel”
On Wall Street, managing anxiety by hedging
by Gigi Douban
Spencer Platt/Getty Images
If a lot of voters are increasingly anxious about Election Day, what about the people who make their living predicting outcomes — stock traders.
For the first time, most mortgages aren’t made by banks
by Adam Allington
David McNew/Getty Images
While banks make loans to those with extraordinary credit, these companies take on more risk.
Election year polls aren’t just about the numbers
by Kimberly Adams
Spencer Platt/Getty Images
An election can provide advertising for lesser known universities and businesses.

Marketplace®

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Marketplace for Wednesday, November 2, 2016

Subscribe:

Segments From This Episode

A little known reason why students have so much debt

What happens when a motel becomes home

On Wall Street, managing anxiety by hedging

For the first time, most mortgages aren’t made by banks

Election year polls aren’t just about the numbers

Music from the episode