Skip to content

AI Stocks Soar While Main Street Sputters … Dot-Com Déjà Vu?

If you feel like the stock market and the economy are living in parallel universes, you’re not alone.

Think about it: ever since ChatGPT’s launch ignited the AI craze in late 2022, a handful of AI-centric giants have carried the entire market on their backs. Moody’s data, meanwhile, shows traditional sectors from industrials to agriculture are bordering on recession.

It truly is a tale of two economies. Can this disconnect persist?

This post appeared first on InvestorPlace.