Analyst Calls U.S. Economy K-Shaped After Nearly 60 Years Watching Markets
Updated
Updated · Seeking Alpha · Jul 2
Analyst Calls U.S. Economy K-Shaped After Nearly 60 Years Watching Markets
2 articles · Updated · Seeking Alpha · Jul 2
Summary
Nearly 60 years of market experience led one analyst to describe the U.S. economy and markets as sharply bifurcated, fitting the pattern of a K-shaped recovery.
That view points to uneven performance across households, sectors and assets, with parts of the economy advancing while others lag behind.
Even with that split, the analyst said markets are still more than three years into the current backdrop, suggesting the divergence has persisted rather than quickly normalized.