K-shaped economy is still ‘firmly intact,’ Moody’s economist says

🇺🇸 The Hill (US) —
K-shaped economy is still ‘firmly intact,’ Moody’s economist says

AI Summary

Mark Zandi, a Moody's economist, stated that the K-shaped economy remains firmly intact in the United States, with high earners driving spending. This economic disparity influences market trends and socioeconomic conditions.

High earners are driving spending as the K-shaped economy remains "firmly intact," Moody's Mark Zandi wrote Sunday.

World Politics Markets economy K-shaped economy Moody's United States income inequality

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