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Mark Zandi, chief economist at Moody's Analytics, points to the persistence of the K-shaped economy in the United States. Zandi highlights updated estimates of personal outlays by income group for 2026q1, based on data from the Federal Reserve’s Financial Accounts and Survey of Consumer Finance.
Zandi has recently commented on major market events beyond the consumer sector. He observed that SpaceX’s record IPO occurred on the same day the U.S. imposed export controls on Anthropic's AI models, according to a previous note. In a separate discussion, he compared subway navigation to strategies used on Wall Street, citing insights from market strategist James Lebenthal in an earlier article.