19 Sep 2025 | 3 Mins Read
Wall Street Rides on Central Bank Hopes Despite Future Hurdles
Flipitmoney
US stock market maintains its record run due to AI-driven investment. Taimur Baig, DBS Bank, says growth concerns are tempered by generational AI investment, steady consumption, and decent retail sales. Two Federal Reserve rate cuts are likely this year, with potential recessionary pressures in 2026.