Come mid-2024 some 99 percent of Americans be less well off financially than they were before Covid, JPMorgan analysts predict.A new report by the bank suggests that by June 2024 all but the wealthiest one percent will have burned through any savings they were able to accumulate during the pandemic.Many families were able to save thousands of dollars during the pandemic as they worked from home - not needing to pay to commute or buy lunch near the office - and received federal Covid relief payments.
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