Forbes: What Is A K-Shaped Economy And How It Can Affect Your Financial Future

Summary

Peter Atwater, adjunct lecturer of economics, is noted in this article for noticing a split in economic confidence of white- and blue-collar workers and coining the term "K-shaped recovery".

Full Description

"A few weeks into the Covid-19 pandemic, Peter Atwater, an economist and William & Mary adjunct professor, noticed a split in the confidence of white- and blue-collar workers. He coined the term K-shaped recovery. Those in the upper parts of the U.S. socioeconomic structure, and who have benefited from financial markets and investment asset inflation, were on the upper branch of the K..."

Read full article at forbes.com.