K-shaped consumer economy masks spending resilience
The case was made that a 'K-shaped' economy explains resilient aggregate consumer spending despite falling confidence, as high-income households continue spending while lower-income households struggle with eroding real wages.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.
The story so far
OPEN · 2 MENTIONS · 2 SHOWS
- AFFORD ANYTHING
- MARKETPLACE
- K-shaped consumer economy masks spending resilience · THIS IDEA
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD