What Is A 'K-Shaped' Economy, And What’s Causing The Divide?
The “K-shaped” economy, widely touted in the financial press, is the latest expression of wealth inequality.
Recent
The Chipotle Indicator: Is the Economy Teetering on a Recession or Nah?
In lieu of official economic data (thanks, government shutdown), we have the Chipotle (CMG) economic indicator.
Fed's Powell: Stock Market Is Helping Support Consumer Spending Now
Fed Chair Jerome Powell acknowledged that the soaring stock market is helping support consumer spending — and the overall economy — right now.
Consumer Confidence Continues To Weaken As Americans See Higher Inflation, Fewer Jobs Ahead
Consumer confidence in October slid for a third consecutive month, hitting its lowest level since April.
Global Fragmentation Will Weaken The Dollar’s Dominance, El-Erian Cautions
New trade and payment systems are reshaping the world’s financial order.
The Holiday Shopping Season Will Test A Lopsided Economy
Soon consumers will confront a holiday shopping season darkened by lingering inflation, tariffs, and diminished job prospects.
Good Inflation News Gives Some Relief — But The Fed’s Flying Blind From Here
Inflation came in better than expected in Sept. Welcome downside surprise that gives policymakers more breathing room as they weigh another rate cut.
