Saturday , May 30 2020
Home / Mish's Global Economic / 9% of All Mortgages are in COVID-19 Forbearance Plans

9% of All Mortgages are in COVID-19 Forbearance Plans

Summary:
Tony Bennett4 hrsThe rubber will meet the road in a couple of months as 8 weeks of PPP and 0 / week extra (thru July 31st) end. Of course, it will only take a single tweet for DJT to go from A Quick Beautiful V Shape Recovery ... to Need $trillions MOAR! Put me down for latter ... especially now that Kudlow hedging his bet. But a can kick (or 3) won't change ultimate destination for housing. Down.

Topics:
Mike Shedlock considers the following as important:

This could be interesting, too:

Mike Shedlock writes Protesters Attack CNN, Smash Cars in Atlanta and LA

Mike Shedlock writes Why the Amazing Leap in Savings Rate to Record 33 Percent?

Mike Shedlock writes Twitter Cites Trump for Glorifying Violence

Mike Shedlock writes Income Surges as Spending Drops Most on Record

Tony Bennett

The rubber will meet the road in a couple of months

as 8 weeks of PPP and $600 / week extra (thru July 31st) end.

Of course, it will only take a single tweet for DJT to go from A Quick Beautiful V Shape Recovery ... to Need $trillions MOAR!

Put me down for latter ... especially now that Kudlow hedging his bet.

But a can kick (or 3) won't change ultimate destination for housing. Down.

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Leave a Reply

Your email address will not be published. Required fields are marked *