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Exclusive: Scott Bessent Says K-Shaped Economy Is Over, but Wall Street Veteran Says Wealth Divide Is Worsening: ‘50% of Americans Own No Stocks and Are Getting Left Behind’

Aug 12, 2026 · 07:24 AM ET· updated 1h ago
Exclusive: Scott Bessent Says K-Shaped Economy Is Over, but Wall Street Veteran Says Wealth Divide Is Worsening: ‘50% of Americans Own No Stocks and Are Getting Left Behind’

Is the K-shaped economy dead? As experts warn of a permanent wealth divide, Louis Navellier advises Americans to 'bet on a billionaire.'

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Why It Matters

Some people think the economy is splitting into two groups: rich people who own stocks and are doing well, and regular people who aren't owning stocks and falling behind. When you see stock news, remember that not everyone benefits equally from market gains.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.