The prongs of the K-shaped economy are being propped up by two dreary economic realities: lower earners are getting hit harder by inflation, and left behind by blockbuster stock market gains . A new analysis from the Federal Reserve Bank of New York looks at how the US economy slowly morphed into a K-shape where higher earners are thriving, or at least holding steady, and lower earners' economic fortunes are backsliding. It's a post-pandemic development, after a robust labor market and pandemic-

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