Why the stock market is separated from the pain of a pandemic economy – Everett Post
BY: CATHERINE THORBECKE, ABC NEWS
(NEW YORK) – For many Americans, the pandemic-induced financial crisis has caused a wave of economic suffering not seen since the Great Depression.
The US economy, measured by real GDP, contracted at a record pace of 32.9% in the last quarter. About 1 in 10 workers cannot find a job, and about 1 in 5 Americans who rent their homes are at risk of eviction by the…
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