An economist and portfolio strategist at New York Life says aggregate data for the broader economy shows a bifurcation between lower- and middle-income segments of consumer spending.

Today's Stocks & Topics: China’s Growth, Back to the Office, Stocks Might Lose 20% of Value, PLTR - Palantir Technologies Inc., JNJ - Johnson & Johnson, AMZN - Amazon.com Inc., Stock Valuation, SSTK - Shutterstock Inc., KDP - Keurig Dr Pepper Inc., UHT - Universal Health Realty Income Trust, CSL - Carlisle Cos.

Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.