The biggest U.S. banks have something shocking to say: The economy is doing just fine

The consumer is fine, bank execs said, and talk about a ‘K-shaped’ economy — in which the rich are thriving but the rest of the economy is left behind — is exaggerated.

​The consumer is fine, bank execs said, and talk about a ‘K-shaped’ economy — in which the rich are thriving but the rest of the economy is left behind — is exaggerated.