Income inequality was put on ‘steroids’ thanks to the pandemic, says ex-Goldman Sachs chief investment strategist

Q: How long will it take to read this news story?

The story "Income inequality was put on ‘steroids’ thanks to the pandemic, says ex-Goldman Sachs chief investment strategist" has 501 words across 16 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Income inequality was put on ‘steroids’ thanks to the pandemic, says ex-Goldman Sachs chief investment strategist" was covered 1 days ago by Fortune, a news publisher based in United States.

Q: How trustworthy is 'Fortune' news outlet?

Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news. The outlet is headquartered in United States and publishes an average of 26 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23531581</li><li>URL: https://beamstart.com/news/income-inequality-was-put-on-17313626349377</li></ul>

Fortune Logo Fortune 1d ago

Income inequality was put on ‘steroids’ thanks to the pandemic, says ex-Goldman Sachs chief investment strategist - Fortune

Quick Summary:

Although the wealth of U.S.households overall increased by 30% to $166,900 from 2019 to 2021, half of America’s poorest households had a net worth of $500 or less.The solution?

Of course, workers feeling like they’re missing out on opportunities and earning power impacted last week’s presidential election results.

In the years since the pandemic, many Americans have enjoyed a wealth boost thanks to rising wages and a booming housing market.