Saturday, December 19, 2020 6:47 PM EST
According to the Real-Time Poverty Model, the poverty rate will rise in 2020. It will be the first rise since 2014.
I expect things will get much worse in December as Unemployment Claims Are On the Rise Again.
Depending on the the Covid stimulus package, things may improve again next year,
But I doubt that in any meaningful way because the Most Evictions in History Will Start in January as Ban Expires.
Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including ...
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Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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