With more than $7 trillion of cash starting to lose its appeal as interest rates fall, many investors will chase higher returns in riskier assets. Consumers are also expected to start spending more. At least, that’s how lower rates traditionally work their way into the economy. But the loss of the interest income that’s buoyed the US economy in recent years is likely to make people spend less, not more. Instead, expect much of the money leaving US savings and fixed income accounts to find its wa
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US Savings Will Supercharge AI Bubble, Just as It’s Nearing Peak
