The Weekly Fix: An Ominous Shape Emerges for Economic Recovery
A worker pulls a trolley loaded with packages on 5th Avenue in New York, U.S.
Photographer: Gabby Jones/BloombergWelcome to the Weekly Fix, the newsletter that knows not all German '80s pop was an acquired taste –Emily Barrett, FX/Rates reporter.
Looks like we’ve settled on the letter -- K -- that best describes this recovery (hat-tip Peter Atwater of Financial Insyghts, who shares the credit), and while it earns higher Scrabble points than the others, it’s also the most insidious of the lot.