insights

Diverging Trends: We’ve been hearing a lot lately about the “K-shaped economy,” and it’s showing up clearly as more consumer-focused companies report results. The idea is simple: parts of the economy are doing exceptionally well while others are struggling. Higher-income consumers, tech and professional sectors, and asset-owners continue to spend and invest, while lower- and middle-income households are tightening up as inflation, credit costs, and job uncertainty take a toll

Tech Layoffs Keep Coming: For anyone wondering what AI’s impact on jobs will look like, it’s already starting to play out in real time. Amazon announced plans this week to cut 14,000 corporate roles, with total reductions that could eventually exceed 30,000, nearly 10% of its white-collar workforce. The company framed the move as part of a broader realignment around AI, reshaping its organization to operate more efficiently in an increasingly automated world. Much of the cov

More EV Write-Downs: GM announced it will take a $1.6 billion write-down tied to its electric vehicle business when it reports earnings next week, following Ford’s earlier disclosure of a roughly $1.9 billion hit from its EV division this year. Analysts have been expecting these kinds of adjustments for some time as EV adoption has slowed and consumer enthusiasm has cooled. Major automakers rushed to align with aggressive government policies that included steep purchase incen