The U.S. economy is on a K-shaped trajectory. Growth is being fueled by the spending of affluent consumers, who are getting richer and richer thanks to a rebound in capital markets. And the poor are getting richer and having to cut back on their spending. It's like a tower of jenga blocks, where many of the blocks at the bottom have been removed, and the upper blocks - the last pillar of the economy - could be hit by a stock market downturn.

The Fragile Tower: Why 2026 could be a pivotal year for the K-shaped U.S. economy 

When everyone has already bet on a rally, it's easier for stocks to fall, warns Roundhill Financial

The optimism of U.S. equity strategists has made investors nervous. What are they worried about?

lululemon athletica inc.

Reddit, Inc.

Lululemon CEO Calvin McDonald will leave the company after a period of weak growth and pressure from the founder. The U.S. SEC (Securities and Exchange Commission) takes a step towards digitalization by allowing the U.S. central depository to "tokenize" some stocks and bonds. About these and other topics - in our review of key events for the morning of December 12.

Highlights for this morning: Lululemon CEO departure, blockchain for Wall Street, Reddit vs. Australia

Bank of America Corporation

The index has changed a lot and it is impossible to apply criteria from the 1990s or 2000s to it, the bank believes

Not a bubble, but the "new normal": why BofA doesn't expect a US stock market crash

NVIDIA Corporation

Traders are predicting Nvidia shares will fall or rise 6% after the release of its quarterly results

"More important than the Fed": what does the market expect from Nvidia's quarterly report?

Duolingo, Inc.

After a 42% increase in revenue and record user base growth, the company is strengthening its presence beyond language programs


Duolingo shares soared 34% after the report. Are they still worth buying?


Air Industries Group

Southwest Airlines and American Airlines securities collapsed nearly 11% in early trading on July 24

Southwest and American Air shares fell after the reports. Should we still hope for a rally?

On June 27, the main U.S. stock index set a new record, the first since the collapse related to Trump's duties
