'The G-shaped economy': A market vet says the driving economic force in the US is old vs young
- Business Insider
Economists often describe the economy as K-shaped, but one market vet sees it taking a different form. Ed Yardeni says the US economy is G-shaped, describing a dynamic between boomers and younger Americans. Baby boomers are increasingly propping up growth, spending liberally and helping their children and grandkids.