K-Shaped Recovery: The Divide in the US Economy

The U.S. economy is splitting in two! Wells Fargo analysts reveal a K-shaped recovery where big AI-driven companies boom while small businesses and lower-income consumers struggle. Delinquency rates are soaring, complex industries are winning, and gold is outshining Treasuries. Will this divide persist? Experts say only a major drop in interest rates can change the game, advising investors to ride with the winners until then.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.