equity

As businesses start opening back up and people get back to work and money starts flowing again, the big questions are how quickly it happens and to what degree demand returns. As months pass, the number of unpaid mortgages is only going to increase, and forbearance can’t last forever. As consumers start spending again, their habits and preferences are going to be different. Some jobs are never going to come back, and other jobs may be created. We’re coming back to a different world than we left, and the math may not add up.