AI Boom Offsets Rate Drag, Propping Up Stocks and Economy

The NYT column argues that the AI-driven rally is the primary force sustaining equity markets and broader economic momentum, counteracting the drag from elevated interest rates. The piece is analytical commentary rather than a hard data release, so the claim is an emerging interpretation of market dynamics. It matters because it frames the AI trade as a systemic support, implying vulnerability if AI sentiment or earnings falter.