This is the word of the summer on Wall Street


Source: edition.cnn.com edition.cnn.com

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Bifurcation is the word of the summer. Or it’s the word of the summer among investors, at least. From analyst notes to earnings calls to CNN’s own stories, the term, which describes the idea of something being divided into two branches or parts, is turning up everywhere. That’s because analysts think it describes the strange economic climate in...