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Analysis-What's good for the US economy now may not be good for stocks

  • The U.S. economy shows resilience — job gains and consumer spending remain strong — yet stocks fell in June.
  • The AI boom is reshaping markets: semiconductors have surged while the biggest tech giants (the "Magnificent Seven") slipped.
  • Rising real interest rates and heavy bond sales by big tech (to fund AI) are raising questions about future spending and market volatility.
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