The Danny Moses Show: What exactly is a K-shaped economy?
Newsy
Danny Moses breaks down the growing divide between high-income and lower-income consumers, the wealth effect driving spending, and the risks of the high-income market segment weakening.
What exactly is a K-shaped economy—and why does it matter right now?
On this episode of the Danny Moses show, Danny breaks down the growing divide between high-income and lower-income consumers, the wealth effect driving spending, and the structural risks if the top half of the K starts to weaken. With the stock market more than twice the size of the U.S. economy, any sustained selloff could ripple through housing, services, and discretionary spending.
Then Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, joins to explain his “HOPE” framework.
The Washington Post has laid off one-third of its staff, eliminating its sports section, several foreign bureaus and its books coverage in a blow to journalism and one of its most legendary brands.
A new study shows wide differences in airline drinking water safety, with some carriers getting failing grades and experts advising passengers to avoid onboard water not in sealed bottles.