Exclusive: Scott Bessent Says K-Shaped Economy Is Over, but Wall Street Veteran Says Wealth Divide Is Worsening: ‘50% of Americans Own No Stocks and Are Getting Left Behind’
Treasury Secretary Scott Bessent recently declared the “K-shaped” economic divide dead, but market experts argue the wealth gap is actually accelerating, prompting Wall Street veteran Louis Navellier to advise Americans to “bet on a billionaire” to survive the enduring financial split.
Benzinga ·