Continue Reading
Full article on Bloomberg
We Have a K-Shaped Economy: Despirito
Market Intelligence Analysis
AI-Powered
Why This Matters
Tony DeSpirito, BlackRock's Global Chief Investment Officer, describes the US economy as 'K-shaped', indicating a divergence in growth between higher and lower-income consumers, with conditions remaining soft for the latter.
Market Impact
Moderate to High, as a K-shaped economy may lead to increased income inequality and potentially uneven economic growth, affecting consumer spending and overall market performance.
Sentiment
Bearish
AI Confidence
70%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Tony DeSpirito, BlackRock Global Chief Investment Officer of Fundamental Equities and Managing Director, says the U.S. is in a “K-shaped” economy and market. He tells Katie Greifeld and Romaine Bostick on “The Close” that conditions remain soft, particularly for lower-income consumers. (Source: Bloomberg)
Original article published by
Bloomberg
on October 21, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.