by Natalia Fields | PDF
During the global coronavirus pandemic that exploded globally in 2020, perhaps the most notable economic development was the effort by governments around the world to stop the spread of infections through lockdowns, while simultaneously trying to support incomes and economic activity via loose fiscal, monetary, and regulatory policies. Importantly, the pandemic struck just as concern about income and wealth inequality was increasing among economists and policymakers. This report discusses how the pandemic crisis and the government response to it might affect inequality going forward. As always, we conclude the report with a discussion of the implications for investors.
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These reports were prepared by Confluence Investment Management LLC and reflect the current opinion of the authors. Opinions expressed are current as of the date shown and are based upon sources and data believed to be accurate and reliable. Opinions and forward-looking statements expressed are subject to change. This is not a solicitation or an offer to buy or sell any security. Past performance is no guarantee of future results. Information provided in this report is for educational and illustrative purposes only and should not be construed as individualized investment advice or a recommendation. Investments or strategies discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances.