The 'K-Shape' of the US Economy Is Deepening | Presented by CME Group

[music] Why does it feel like there are two different economies right now. Because there are. The current US economy is K-shaped, [music] which is a reference to two different outcomes of wealthier consumers compared with people lower down the ladder.The upward slanting line of the K represents the ongoing trend of strong spending and healthy income growth among upper inome Americans. [music] Whereas the letter's lower slanting line points to the multiple financial strains facing low and middle inome people ...