Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy | Forex Factory

  • Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy

    From zerohedge.com

    Economic activity increased at a "slight to moderate" pace for ten of the twelve Federal Reserve Districts, while one District reported a slight decline and one reported no change, according to the latest Fed Beige Book. The just released Beige Book - prepared at the Federal Reserve Bank of Kansas City based on information collected on or before May 27, 2026, and is the second one to capture the effect of the war on the US economy - found that consumer spending remained mixed across districts and increasingly bifurcated across income groups amid affordability pressures, the latest confirmation of the K-shaped ... (full story)

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devonoved
2 hr 8 min ago
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'K-shaped' is a nice neutral, yawn-inducing term that nobody gets upset about because it sounds technical and boring and doesn't mean a thing to most people.

The Beige Book summary makes it crystal clear - the 1% are doing fine, the 99% are struggling more than ever, and the little positive bump in domestic manufacturing is from production of military items for the warfare Trump promised wouldn't happen.

Young maga have realized Donnie is making life worse for them, not better. I wonder if the Gen X and boomers in his base will ever figure it out, or just keep believing him when he says things are great.
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OD1n
2 hr ago
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The Boomers are living off 401k's which are providing record returns due to being linked to the stock market. They will be the ones who support a third term at this stage.
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Schultz
1 hr 43 min ago
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Perhaps, but their doing so will have nothing to do with them all living in opulence.
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Trader#53E6
1 hr 4 min ago
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Not a bad theory. I personally liked the 2025 economic collapse from tariffs theory more.
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