Louisiana economist says rising bankruptcies signal Wall Street disconnect

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

There’s a serious disconnect between Wall Street and Main Street, says Peter F. Ricchiuti, a business professor at Tulane University, who’s warning against misinterpreting the stock market as a measure of the current economy. Low interest rates and government bailouts have been catalysts for the incongruity. “Large corporations see a lot of room for improvement,

This article is only available to paid Insiders
Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business