Stocks at Record Highs vs Gloomy Main Street: Fed Cuts, AI Boom, Sentiment Slump | CNN2.0

🔥 Wall Street rockets as the S&P 500 hits multiple record highs, powered by Fed rate‑cut bets and the AI boom—even while consumer sentiment slides and Main Street feels the pinch.
🧭 Investors cheer profitability, cheaper money, and big‑cap tech momentum; households see hiring slowdowns, rising unemployment, and inflation at a seven‑month high.
🏦 Reminder: the Fed isn’t cutting because inflation is conquered—it’s to shore up the job market, raising the question of why markets celebrate the ambulance, not the emergency.
📊 Only about one‑fifth of families own stocks directly, helping explain the perception gap between surging indexes and everyday financial stress.
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