Market Matters from New York Life Investments

Two economies, one headline: the implications of a K-shaped economy (January 26, 2026)

New York Life Investments

Headline economic data can look steady, even when real strain exists beneath the surface. On Market Matters, Julia Hermann and Michael LoGalbo break down the K-shaped economy, examining who is driving U.S. growth, how wealth effects are shaping consumption, and why market moves themselves have become a key transmission mechanism for economic strength or weakness.