How the stock market is fueling the wealth gap: Q&A with Prof. Martin Lettau | Haas News | Berkeley Haas

The stock market’s recent rise reflects a dramatic shift in wealth from workers to investors, according to new research by Prof. Martin Lettau In decades past, a rising stock market was a reflection of economic growth. But no longer. New research by finance Prof. Martin Lettau has found that economic growth accounted for less than