K-shaped Economy

Happy New Year! Today is the first business day of 2026, so let’s spend some time talking about businesses. Last year was a strong one for some of the most noteworthy companies. Rising revenues coupled with improved productivity helped usher in large gains in profitability.

It’s mid-summer Friday morning, and dinner is already top of mind.  I don’t know about you, but something with some leftovers for tomorrow morning’s breakfast, hot or cold, seems about right.  Just one delicious dish comes to mind: pizza.  This classic meal originated as a peasant food, tracing back to 18th-century Naples, Italy.  At the time, it was a city

The Coachella Valley Music and Arts Festival has become a bellwether for cultural trends among young Americans.  This year’s second weekend is getting started shortly, and the event may be morphing into an economic bellwether for this cohort as well.  Ticketing data is focusing the lens onto the realities of a K-shaped economy.  According to PaymentsJournal.com, approximate

America's K-shaped economy continues to be a defining feature of our economic landscape in 2025, highlighting the stark contrast between the resilient upper echelons and the increasingly fragile lower segments of society.