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Why America’s Other Economy Is Starting to Struggle

AI is still driving the stock market, but outside the artificial intelligence boom, parts of the economy are telling a much weaker story.

Chuck Zodda and Mike Armstrong break down why retailers, restaurants, food companies, and other consumer-facing businesses are struggling while AI-related stocks continue to dominate market performance. They also discuss Blackstone’s private credit redemption limits, why stocks now make up a record share of American household wealth, the renewed warning over potential Social Security benefit cuts, what rising mortgage rates and delistings say about the…

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