in ,

Unemployment MUCH Worse Than Claimed as We Enter Phase 2 of the Recession!

TAP ON FULL BLAST AND IT’S NOT WORKING.

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In any country, in any city, you will find inequality. Some areas are more obvious than others. Today, we are seeing a growing gap in between those who have it all, and those who have nothing. Prosperity is an essential component of a healthy economy. If people are feeling confident, they will save, spend, and invest. If they’re unsure, their decisions will be short term, and done out of fear and survival. A strong middle class is what is needed.

 

Coronavirus is exacerbating economic inequality in the U.S.

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Herd Mentality – Hussman Funds – Commentaries – Advisor Perspectives

https://www.advisorperspectives.com/commentaries/2020/10/19/herd-mentality?topic=covid-19-coronavirus-coverage

699c129342a305cbda7b6493fe4924b3.png (1394×775)

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Furloughed Jobs Disguise The Eurozone Employment Crisis – Analysis – Eurasia Review

https://www.eurasiareview.com/22102020-furloughed-jobs-disguise-the-eurozone-employment-crisis-analysis/

(6) Mike “Mish” Shedlock on Twitter:

“1. Back-to-back, the NBER is likely to call it one big recession. Europe may call it two. 2. Short-term, I expect more silly US decoupling theories. 3. Some claim the US recession is already over. If so, it was the most uneven recovery in history.” / Twitter

Mike “Mish” Shedlock on Twitter: “1. Back-to-back, the NBER is likely to call it one big recession. Europe may call it two.2. Short-term, I expect more silly US decoupling theories.3. Some claim the US recession is already over. If so, it was the most uneven recovery in history. https://t.co/UKgvB4ikJo / Twitter”

1. Back-to-back, the NBER is likely to call it one big recession. Europe may call it two.2. Short-term, I expect more silly US decoupling theories.3. Some claim the US recession is already over. If so, it was the most uneven recovery in history. https://t.co/UKgvB4ikJo

Q3 2020 Market Reports: Manhattan Rents Fall to 2011 Levels

Manhattan Median Rent Falls Below $3,000 for the First Time Since 2011

StreetEasy’s Q3 2020 market reports show the median asking rent in Manhattan falling below $3,000 for the first time since 2011. Read more on StreetEasy.

College-Age Americans Face Permanent Hit With Few Job Prospects

MSN

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COVID-19 Kills Sovereign Wealth Funds Appetite for US Direct Real Estate Investing – SWFI

COVID-19 Kills Sovereign Wealth Funds Appetite for US Direct Real Estate Investing

Direct Sovereign Wealth Fund Transactions – U.S. Real Estate Sector Data: SWFI.com (SWFI Asset Owner Terminal) Filter: Sovereign Wealth Funds. Type: Deal, New Security Issue, Open Market. No fund commitments. Sector: Real Estate. Country: United States NOTE: For Logistics, included Industrial REITs. 2020 data is ongoing.

Fitch Downgrades WeWork to ‘CCC’

https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-wework-to-ccc-22-10-2020


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