Why the S&P recovery is misleading
1 big thing19 Aug 2020

Why the S&P recovery is misleading

The S&P 500 closed at a record high on Tuesday. The recovery has been among the fastest-ever on record and comes as the country continues to see one of the worst economic downturns and massive unemployment numbers in U.S. history. Plus, the protests over George Floyd's death were a catalyst for the mass removal of confederate monuments around the country. And, the big wins coming out of the NBA bubble. Guests: Axios' Felix Salmon and Kendall Baker, and the Southern Poverty Law Center's Lecia Brooks. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Carol Alderman, Cara Shillenn, Nuria Marquez Martinez, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. Go Deeper: The triumph of capital over labor Whose Heritage? Public Symbols of the Confederacy

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