Business & Economy · 1 views

Just how K-shaped is the U.S. economy? The top 10% spend nearly as much, excluding essentials, as bottom 70% combined

The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America’s economists on household spending.

Source MarketWatch AI Summary Updated 2h 02m ago

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The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America’s economists on household spending.

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