{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"ITPM Flash Ep98 Trading the K-Shaped Economy","description":" ITPM Flash provides insight into what professional traders are thinking about in the markets RIGHT NOW!   The K-shaped economy is widening \u2014 and markets are still pricing only the winners. In this episode, Ed breaks down why the AI-driven data-center supercycle has become a macro force, propping up growth, earnings, and asset prices while masking deepening stress in the real economy. With the top 10% now driving half of all discretionary spending, the system is increasingly dependent on rising asset values rather than wage growth.   Ed argues the real risk isn\u2019t inflation \u2014 it\u2019s consumer spending. As AI boosts productivity without job growth, anxiety around employment could tip the lower arm of the K into contraction, triggering credit stress, falling discretionary demand, and a negative wealth effect that eventually hits equities. He outlines how traders should position for volatility, where patience matters most, and which macro triggers would signal when the K-shaped economy finally breaks. ","author_name":"ITPM Podcast","author_url":"https:\/\/www.itpm.com","html":"