Why America’s Other Economy Is Starting to Struggle

AI is still driving the stock market, but outside the artificial intelligence boom, parts of the economy are telling a much weaker story. Chuck Zodda and Mike Armstrong break down why retailers, restaurants, food companies, and other consumer-facing businesses are struggling while AI-related stocks continue to dominate market performance. They also discuss Blackstone’s private credit redemption limits, why stocks now make up a record share of American household wealth, the renewed warning over potential Social Security benefit cuts, what rising mortgage rates and delistings say about the housing market, and how high gas prices are even changing behavior on dating apps.

You can listen to Why America’s Other Economy Is Starting to Struggle online on Radio and Podcast. Open the player on this page to stream the available audio.

Why America’s Other Economy Is Starting to Struggle is an episode from The Financial Exchange Show by The Financial Exchange Network.

This episode is 38:27 long.

This episode was published on Jun 4, 2026.

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