# What is a "K"-Shaped Economy? Stock Market Update, Friday November 21, 2025 Page: https://stenobird.com/podcast/stock-talk-5318189/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025 Text version: https://stenobird.com/podcast/stock-talk-5318189/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025.md Podcast: [Stock Talk](https://stenobird.com/podcast/stock-talk-5318189) Published: 2025-11-21T21:18:07+00:00 Episode link: https://oakharvest.podbean.com/e/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025/ Audio file: https://mcdn.podbean.com/mf/web/gb6yyr6r3wxyfhax/Stock_Talk_11-21_Audio_Onlyao8wd.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/stock-talk-5318189/episodes/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025 Duration seconds: 368 ## Resource What if I told you the shape of today’s economy might explain why some Americans feel prosperous while others feel like they are falling behind? In this episode of Stock Talk, I break down why economists are calling this a K shaped recovery and what that really means for consumers, workers, and long term investors. Over the years, commentators have tried simplifying economic cycles with shapes like V or W. But what we are experiencing today looks very different, and the divergence in outcomes between groups is becoming clearer every month. In this week’s discussion, I share what I’m hearing from hundreds of corporate earnings calls, how spending patterns are shifting, and what these changes might signal for markets going forward. My goal is to provide a calm, educational perspective so you can better understand the environment you are planning and investing in. About Chris Perras, CFA®, CLU®, ChFC®, Chief Investment Officer: As CIO, Chris is the lead investment strategist and director of research at Oak Harvest Financial Group. Chris develops the firm's core market outlook, putting his decades of experience and expertise to work for our clients. He hosts Oak Harvest's podcast, "Stock Talk," available on the website with new episodes each week. He completed his undergraduate studies at Georgia Tech, and went on to obtain an MBA from the Harvard Business School. Driven by a desire to maximize his knowledge and skill set, he acquired financial planning and investment management qualifications, becoming a Chartered Life Underwriter (CLU®), a Chartered Financial Consultant (ChFC®), and a Chartered Financial Analyst (CFA®). Stock Talk is a weekly vlog/podcast dedicated to discussing the Oak Harvest Financial Group Investment Team's perspective on what's happening in the mark… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/stock-talk-5318189/episodes/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/stock-talk-5318189/what-is-a-k-shaped-economy-stock-market-update-friday-november-21-2025.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.