The Coronavirus has hit the economy hard, with U.S. unemployment claims surging to levels beyond those of the Great Depression. As of May 2020, unemployment claims in the U.S. have surpassed 36 million. With an estimated 157 million Americans composing the U.S. workforce, that number represents close to a quarter of workers (22.9%).
That is a shocking, frightening statistic.
Given these dire circumstances, the question becomes, will interest rates go down in 2020? More importantly, how would you benefit if they do? [Read more…] about Will Interest Rates Go Down in 2020? COVID Forecasts and Trends.