KE
K-shaped economy
TopicAn economic situation where different sectors or population groups recover or grow at significantly different rates, leading to increased wealth disparity.
Expert statements
2
2 negative
What experts have said about K-shaped economy
2 statements · 2 negative
The US economy is currently highly uneven across asset owners and non-owners.
“The economy is very uneven for the top and the bottom of the K.”
Open the episode · Is It Time to Start Buying Bonds? | Jim BiancoListen at 8:48
Housing and investment gains have widened the economic divide between asset owners and nonowners.
“The wealth effect from housing and from investments has been so strong for the top of the K relative to the bottom of the K that that's why we've been seeing this split even larger than normal.”
Open the episode · Is It Time to Start Buying Bonds? | Jim BiancoListen at 10:03
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.