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Wealth Inequality and the ‘K-Shaped’ Economy are More Striking Than Ever, Data Shows

by The Wealth Advisor Contributor
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight.

Featured

BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal

Global equities are flashing an overbought warning, with moving averages already at levels that historically mark a sell signal for risk assets.

Trump Nominates Kevin Warsh to be Next Fed Chair

Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.

Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%

Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.

Recent

Inflation Survival Advisor

Fifth of Businesses to Slash Investment Amid Rising Inflation

Competition for talent, rising cost of living heightened pressure on employers, 52% raising pay 4-8%, 73% of mid-sized businesses increasing pay 9%.

Inflation Survival Advisor

Innovator Threepeats, With $392MM In Inflows

An ETF shop kept the lead last month for a third month in a row, among small fund firms.

Inflation Survival Advisor

Gold Does Well During Inflation, Recession: Is Gold or Real Estate a Better Investment? - Jeff Clark

Clark said that recessions and inflation have been historically good for gold.

Inflation Survival Advisor

Auour Investments: Tracking Inflation

Will Fed continue to fight inflation if economy tanks? Will Fed pivot to lessen downturn in investment markets if inflation stays above its target.

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Companies

JPMorgan, Bank Of America Announce $1,000 Trump Account Match As Corporate America Support For Retirement Scheme Deepens

Washington Wire

IRS Owes Some Taxpayers Refunds For Pandemic-Era Penalty Tax Relief, Watchdog Audit Finds

The Trust Advisor

Prince Andrew’s Daughters Beatrice And Eugenie ‘Angry’ As $60 Million Inheritance ‘Wiped Out’

Economy

The Dollar Could Have Further To Fall As Its Decline Creates A ‘Double-Edged Sword’ For America

Companies

Hot Takes: Tesla, Meta, And Microsoft Quarters Are Wildly Different

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