🚨 The K-Shaped economy is getting sharper.
Consumers earning under $50K? Sentiment ~82 — near pandemic-era lows.
$50K–$100K? Sliding to ~90 — weakest since late 2023.
Both groups have been trending down for 14 straight months.
Meanwhile, households above $100K? Sentiment rising to ~110 — above the 2023–2024 average.
Gasoline at $4.56/gallon (+60% YTD) is squeezing the bottom hardest.
This isn’t a soft landing. It’s a split-screen economy — and the pressure is building at the base.