Story thread · 2 reports / 2 sources

Bank of America sees ‘great convergence’ across America’s two economies

thestreet.com · 4h · first reportShare

Back in July, I wrote an article titled “Bank of America warns America now has 2 economies.” At the time, the bank’s analysts saw an increasingly uncomfortable split beneath what has otherwise been a resilient U.S. economy. BofA used the popular term "K-shaped recovery" to describe the setup, or ...