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Let’s put Wall Street’s bad day in context
May 18, 2022

Let’s put Wall Street’s bad day in context

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It wasn't a pretty day for the stock market. But it wasn't entirely unexpected either. Plus, Ben Bernanke on the Fed's communication strategy.

Segments From this episode

The stock market takes the hint

Marketplace's Sabri Ben-Achour breaks down today's sell-off in major U.S. indices.
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There are signs that the red-hot housing market may be cooling down

by Samantha Fields
May 18, 2022
Yes, mortgage rates are high. But demand is starting fall because of that, and prices aren't rising as fast as they have been, experts say.
Though home prices are still rising, they're not rising as fast as they have been, according to Redfin.
Justin Sullivan/Getty Imags
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Former Chair Ben Bernanke takes long view of Federal Reserve's current challenges

by Kai Ryssdal and Marketplace Staff
May 17, 2022
“I think it's important to look back at history,” said the former leader of the U.S. central bank.
During an interview with Kai Ryssdal of "Marketplace," former Fed Chair Ben Bernanke discussed how the Federal Reserve has dealt with inflation in the past as well as its current approach.
Nancy Farghalli/Marketplace
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Courts decide California can't mandate corporate board diversity

by Meghan McCarty Carino
May 18, 2022
But institutional investors, consumers and other stakeholders could continue to hold companies accountable.
Despite California courts striking down laws requiring diversity in corporate board rooms, many companies continue to make progress.
Creative/Getty Images
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For this Detroit restauranteur, business is still "day to day"

by Sean McHenry
May 18, 2022
For Lester Gouvia, chef-owner of Norma G's Detroit, business in the pandemic economy has been a "rollercoaster."
"We do have some good days, we do still have some bad days," says Lester Gouvia, chef-owner of Norma G's Detroit, a Caribbean restaurant.
Courtesy Lester Gouvia
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The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Maria Hollenhorst Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer

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