Wall Street Warns Of ‘K-Shaped' Economy—Here's What To Know

1. U.S. economy shows signs of a K-shaped recovery impacting spending habits. 2. High-income consumers continue spending, while lower-income households face struggles. 3. Consumer sentiment is deteriorating, influenced by rising prices and a looming recession. 4. Recent surveys reveal a divided consumer base affecting various sectors' performance. 5. Insights from CEOs indicate cautious spending patterns among low-income customers.