Moody's flags a "firmly intact" K-shaped economy. The top 20% drives spending as 80% lose the battle with inflation.

Moody's flags a "firmly intact" K-shaped economy. The top 20% drives spending as 80% lose the battle with inflation.

Mark Zandi, chief economist at Moody’s Analytics, has warned that America’s economic divergence remains ‘firmly intact’, with newly updated data showing the bottom 80% of earners…