Homicide surge & the covid shutdown

Investment Analysis Clubs Macro Economic Trends and Risks
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A new report out from the Brookings Institute.

In this report, we analyze thousands of police records and compare them to changes that occurred in U.S. cities just before homicides started to surge. This showed that the spike in murders during 2020 was directly connected to local unemployment and school closures in low-income areas. Cities with larger numbers of young men forced out of work and teen boys pushed out of school in low-income neighborhoods during March and early April, had greater increases in homicide from May to December that year, on average. The persistence of these changes can also explain why murders remained high in 2021 and 2022 and then fell in late 2023 and 2024.

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In 2020, the average U.S. city experienced a surge in its homicide rate of almost 30%—the fastest spike ever recorded in the country.

I remember 2020 like it was Yesterday. Crime was rampant back then, it looks like we are heading back to those times. It really does matter who is in charge.

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