RBC

RBC appears in Indicators of 2025 and What to Watch in 2026 as the source cited for the claim that the top 10% of consumers account for a near majority of consumer spending. The episode uses that claim to explain why aggregate spending can remain resilient even when sentiment is weak and debt stress is rising below the top income slice.

In the wiki, RBC is therefore a source-context entity rather than the main subject of the episode. Its role is to ground K-Shaped Consumer Spending and the risk that a stock-market correction could hit consumer demand harder when higher-income households are carrying more of the spending base.

Connections

• Cooper Katz-McKim - source participant using the RBC claim.
• K-Shaped Consumer Spending - concept grounded by the cited spending concentration.
• Consumer Sentiment Indicator and CAPE Ratio Valuation Signal - adjacent mood and asset-market signals in the source.