U.S. wealth has shifted to stocks from homes. There are big reasons to worry.
Summary
American household wealth has shifted from real estate into equities, driven largely by the artificial intelligence boom. While this four-year stock market rally has pushed asset values higher, it has simultaneously contributed to rising borrowing costs. These financial dynamics are raising significant concerns among market observers.
The four-year bull market in stocks is riding high because of the AI boom. But it’s also increasing the cost of money.
Source: Read the full story at MarketWatch.com - Top Stories
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