'K-Shaped' US Economy Propped up by 'Three A-Pillars' | Bloomberg Businessweek Daily 11/12/2025

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The US economy is experiencing a 'K-shaped' recovery, with consumers and corporations showing different growth patterns, but is being propped up by three key sectors, known as the 'Three A-Pillars', according to EY's Greg Daco.

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On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the state of the US economy, including the three 'A-Pillars' coined by EY's Greg Daco, amid an increasingly K-shaped pattern for consumers and corporations alike. JPMorgan Asset Management CIO & GFICC Head Bob Michele joins the show to break it down. Also on today's show, Vista Energy Chairman & CEO Miguel Galuccio on Argentina's growing shale oil market, Cava CFO Tricia Tolivar examines the fast casual eatery landscape as the chain sees consumer pressures, and Inspire Medical Systems CEO Tim Herbert talks sleep apnea technology and the impacts of GLP-1 medications. (Source: Bloomberg)

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Original article published by Bloomberg on November 13, 2025.
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