Are Mag 7 Stocks Driving A 'K-Shaped Economy' As The Wealth Gap Widens? Analysts Weigh In - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
The U.S. economy is increasingly becoming a ‘K-shaped economy,’ with the fortunes of wealthy consumers and those at the lower end of the income spectrum diverging, say analysts.EPS Estimates Diverge in 2025Research from the Apollo Academy by chief economist Torsten Slok shows that both current and future success in the market are becoming increasingly concentrated. The "Magnificent Seven"—Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), Meta (NASDAQ:ME ...