The Baffling Bull Market: A Tale of Two Economies The US stock market's continued ascent, despite a cocktail of war, inflation, and trade tensions, has left many investors perplexed.
To understand this phenomenon, it is essential to examine the bifurcated nature of modern capitalism, where the wealthy few continue to thrive while the rest struggle to make ends meet.
One explanation for this divergence lies in the concept of the "K shaped" economy, which describes the divergent fortunes of high and low income Americans.