K, C or E? The Shape Of Today’s Economy

[Irag8er]

KEY POINTS

• Economists have long viewed the postpandemic economy as “K”-shaped.
• That consensus has now lifted, with letters like “C” and “E” floating around academic circles and Wall Street trading rooms alike.
• Letter shapes have been used for decades to explain the economy, though it’s usually less common years after the last recession.

K, C or E? Why economists can’t agree on the shape of today’s economy

Economists have long viewed the post-pandemic economy as "K"-shaped. That consensus has now evaporated.

www.cnbc.com