The Aftermath of a Tumultuous Week on Wall Street

  • Playlist
  • Download
  • Embed
    Embed <iframe src="http://www.npr.org/player/embed/13752984/13752969" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

Financial markets around the world seem calmer today — after plummeting last week and then zooming back up on Friday when the U.S. Federal Reserve cut a key interest rate. The housing market still appears to be the epicenter of the jitters, but concerns about credit go much deeper.

Steven Pearlstein, business writer for the Washington Post

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.