K Vs V Shaped Recovery

The data shows the.
K vs v shaped recovery. Essentially those who say america is undergoing a v shaped recovery mean well what it looks like the economy is going to bounce right back to where it was pre pandemic like the letter v. President trump says the u s. Is in a v shaped recovery while former vice president biden says it s more k shaped. The neat v shaped recovery vs k shaped.
President trump says the u s. Others chose the more optimistic v shape a fast recovery with minimal long term damage and some the w shape which would occur following a second virus wave and second recession. Is in a v shaped recovery while former vice president biden says it s more k shaped. It doesn t look a lot like a k but the general idea is that some groups see a v shaped recovery while others see a more prolonged return to pre recession levels of employment.
A v shaped recovery is when key economic indicators bounce back comprehensively and quickly. Others chose the more optimistic v shape a fast recovery with minimal long term damage and some the w shape which would occur following a second virus wave and second recession. When we talked about investments during the initial phase of the pandemic we made it cleaer that the situation would not be over in 2020. Unless you have a background in economics the descriptions might sound like a lot of alphabetical mumbo jumbo.
Unless you have a background in economics the descriptions might sound like a.