The Normalization of Distressed Debt Part 2 - The Unemployment Rate - Mini Pod
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In the past few months millions of people have lost their jobs and we have seen the most rapid spike in unemployment in history. This is not your typical unemployment event and the way the government reports the unemployment rate may not have caught up with the new economy.
Welcome to Capital Markets Today. I am producing a series of podcasts that demonstrate to investors why distressed debt, specifically, distressed real estate or (REO) and mortgage loans (NPL) may be a good investment to include in your investment portfolio. Today I will focus on the unemployment rate that is being publish compared to the amount of people who are actually not working.
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