The Quiet Erosion Beneath U.S. Growth
Source: SeekingAlpha
2026-06-04 02:50:00 ET
The U.S. economy appears resilient, judging from key economic measures. AI-driven capex continues to power investment, support equity markets, and sustain a wealth effect that has propped up consumption. Real GDP growth remains positive. Private sector balance sheets are in generally good condition, and many higher-income and wealthy households have benefited from equity market gains....
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The Quiet Erosion Beneath U.S. Growth
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