What's a K-Shaped economy? Lisa Cook FIRED at the FED? | ZFS 21

Send us Fan MailZFS Ep #21The economy isn’t shaped like a “V” or a “U” anymore—it’s a K. The top keeps rising through asset ownership, while the bottom gets stuck paying higher costs with fewer chances to build wealth. Housing, stocks, cars, childcare—every entry point into the American dream has gotten more expensive, while the wealthy own more of it all. The divide isn’t about working harder—it’s about who owns assets and who doesn’t. The question is: which side of the K are you on?https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/https://www.kens5.com/article/money/money-smart-what-is-a-k-shaped-economic-recovery/273-1894a7ea-d166-420d-ae67-6b85bef17d00https://www.marketplace.org/story/2025/02/24/higher-income-americans-drive-bigger-share-of-consumer-spendinghttps://press.spglobal.com/2022-03-15-S-P-500-Buybacks-Set-Quarterly-and-Annual-Recordhttps://www.reddit.com/r/ETFs/comments/1mma510/important_chart_sp_490_has_had_basically_no/#lightbox_cuts https://fred.stlouisfed.org/series/MSPUShttps://www.realtor.com/research/september-2021-rent/https://fred.stlouisfed.org/series/SP500https://fred.stlouisfed.org/series/CUUR0000SETA01https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:2008.3,2025.1;quarter:142;series:Net%20worth;demographic:networth;population:1,3,9;units:levelsSupport the show