Coronavirus recession ends for the rich but is far from over for lower-income communities

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Coronavirus recession ends for the rich but is far from over for lower-income communities investinyou (In partnership with acorns.)

By comparison, employment among the lowest earners — who saw more than 35% of their jobs evaporate by mid-April — is still down more than 16% from the beginning of the year, the analysis found.Inequality is a marker of all U.S. recessions, Edelberg said. But this recession is unique in that financial assets were eitherWhite, college-educated and wealthy Americans overwhelmingly own stocks and real estate, according to Federal Reserve.

By comparison, stocks took more than four years to recover after hitting their lows during the last two recessions, according to S&P Dow Jones Indices.

 

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acorns Nobody is immune from a China Virus recession because state and local politicians have closed their economies.

acorns VAXART has a room temperature stable pill form of the COVID19 vaccine that can be sent to all parts of the world... please look at them... They can use their platform to easily vaccinate even POOR AND UNDEVELOPED countries for NOROVIRUS, FLU, CORONAVIRUS’, ETC ETC

acorns Remove the pattern day 25k minimum and watch America unlock its full potential.

acorns Half of the 300k hospitality employees on the Las Vegas strip are out of work and about to face bankruptcy. 1/3 of Americans had to empty their retirement to survive. We haven't even begun to see the repercussions.

acorns CNBC and socialism. Perfect together.

acorns This crap should have never been said on your station. Cramer should have faced consequences for his words. Disgusting.

acorns Thanks to your crony capitalmates the FEDcriminals federalreserve who are going to be first against the wall

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