Timestamps
0:00 Consumer Sentiment and the “K-Shaped” Economy
1:52 Federal Reserve Policy and the Transition to Kevin Warsh
3:05 Outlook for the 10-Year Treasury Yield
4:13 Economic Resilience and the “Natural Rate”
The K-Shaped Trap: Why Higher Rates and Inflation Are Far From Over
In the Media — May 8, 2026
CNBC
Jim Bianco discusses the growing divide in the U.S. "K-shaped" economy, where top earners continue to spend while mass consumer sentiment has plummeted due to persistent inflation and affordability issues.