Transcripts for CNN The Eighties 20240604 06:04:00 : vimarsa

CNN The Eighties June 4, 2024 06:04:00

optimists on wall street are talking about the beginnings of economic recovery. gumbel: the supporters of deregulation point to the soaring stock market as evidence that a deregulated economy makes money for everyone. sorkin: the stock market took off like a rocket, and the public saw this happening, and they would read about it. and so all sorts of people who used to have nothing to do with this world started pouring their own money into it. and that's in large part also what drove prices to go even higher. donaldson: the ronald reagan motorcade rolled onto wall street today to the new york stock exchange. in the last five years, we've moved from malaise to hope, confidence, and opportunity with the volume of shares traded hitting record highs and more americans than ever before participating in the market. we're bullish on the american economy. [ cheers and applause ] [ crowd chanting "ronnie!" ] when reagan shows up at the stock exchange, them yelling "ronnie! ronnie!" is a way of saying "america's back."

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