Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
Treasury Secretary Scott Bessent recently declared the end of the K-shaped economy, citing the improving conditions for low-wage labor. While this White House deserves its reputation for duplicity, evidence suggests that a rebound in the fortunes of the strata of the workforce relegated to the lower branch of the k-shape has begun. An extension of these trends would bode well for the fortunes of the economic sectors that rely on the consumer.
Complete content is available for a $15 monthly subscription. Click here to subscribe:
The Rabid Capitalist 
Leave a comment