Shuffling money around between AI adjacent companies may (but I doubt it) be enough to keep the AI bubble going through the downturn, in which case stockholders in those key companies manage to ride it out without pain, and executives too because they serve their constituency well.
More likely, it just delays the reckoning.
I'm not seeing it, do you have any proof you can offer that your statement is true?
https://am.jpmorgan.com/us/en/asset-management/adv/insights/...
EY forecasts 1.7% GDP growth, most of which is AI (~1.1% according to jpmorgan). The broader economy is facing headwinds (policy uncertainty, tariffs, etc etc).
> Overall, underlying economic momentum remained steady in the first half of the year despite mounting policy headwinds. But with the impact of tariffs and policy uncertainty becoming increasingly visible, slower US growth and higher inflation are still on the horizon.
Trump inherited a good economy and set it towards decline. If that's still not clear stay tuned, there's more to come.
https://tradingeconomics.com/united-states/unemployment-rate
Consumer staples have seen almost a 20% decline in EPS YoY:
https://ycharts.com/indicators/sandp_500_consumer_staples_ea...
A specific example is Chipotle. It could certainly be company specific, but could also highlight a consumer trend.
https://www.cnbc.com/2025/10/30/chipotle-stock-falls-after-q...
Still, most analysts attributed the slowdown to industrywide challenges, not company-specific issues that Chipotle needs to address. Unemployment, increased student loan repayments and slower real wage growth accounting for inflation are weighing on consumers’ spending, according to Boatwright.