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TK Finance Dictionary: "The K-Shaped Recovery"

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TK Finance Dictionary: "The K-Shaped Recovery"

After a crash, the mother of all finance euphemisms

Matt Taibbi
and
Eric Salzman
Mar 2, 2021
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TK Finance Dictionary: "The K-Shaped Recovery"

www.racket.news

Continuing a new feature at TK, done in conjunction with old friend Eric Salzman of the Monkey Business podcast — a user’s guide, for the often intentionally obtuse jargon of high finance. See the first entry, “SPAC,” here.

K-SHAPED RECOVERY: When the rich get richer, the poor get poorer, and headlines grow foggier. If you have to ask which prong of the K represents you, you were sent the article by mistake.

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TK Finance Dictionary: "The K-Shaped Recovery"

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1 Comment
citygal
Mar 12, 2021

Very cool, I just subscribed to the channel on youtube!

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