Money with Murphy – Higher Gas Prices on the K-Shaped Economy
Money with Murphy – Higher Gas Prices on the K-Shaped Economy
Rising oil prices that stem from the Iran conflict are putting pressure on households, but not everyone is feeling it in the same way. In this week’s Money with Murphy, Kara explains how today’s energy shock is amplifying the so-called “K-Shaped Economy” and the divergent economic realities it creates for different people.
Back-to-school highlights decades of student debt. Missed payments damage credit, force tradeoffs. Kara in Money with Murphy on household impacts vs. solid consumer.
Kara Murphy of KIM asks if the market rally is broader than it appears as few sectors drive gains. She covers the bond selloff and oil's impact on inflation, rates.
In this week’s Market in a Minute, Kara explores why consumers say they’re worried while continuing to spend.
