Description
The stock market may be soaring, but many Americans aren’t celebrating. As the country heads toward another midterm election, a University of Michigan expert says that while investors are benefiting from record stock prices fueled in part by artificial intelligence, many households remain focused on a different reality: the rising cost of groceries, housing and gas.
Joanne Hsu, director of U-M’s Survey of Consumers, explains why Americans are experiencing the same economy in very different ways—and what those perceptions could mean as voters prepare to head to the polls.
learn more:
https://news.umich.edu/what-americans-are-telling-economists-about-ai-inflation-and-the-economy/