Friday, May 8, 2026

K-Shaped Economy -- Bifurcations, Divergences, Cognitive Dissoance -- In Progress -- May 8, 2026

Locator: 50752QCOM.  

Market today:

  • Dow:
  • NASDAQ:

NASDAQ:

  • Mag 7
  • Towering twenty: the five-layer cake

Jobs report:

  • Analyst's expectations:
  • Actual results:

Consumer confidence:

  • what they say:
  • what they see:

Panic:

  • yes: politicians -- consumer confidence worsens
  • no: the wealthy -- the top 10% are doing not just "great," but really, really, really great."

Strait of Hormuz:

  • hope springs eternal:
  • NACHO: 

Energy:

  • what they said:
  • how they're changing: 

US debt: link here. $31 trillion. 

  • current seniors doing great:
  • future generations have much to look forward to