The stock market just pulled off a wild act: an AI-driven tech bubble burst in four months, wiping out trillions — yet the broader market barely flinched. The S&P 500 dipped minimally from its peak, while even the equal-weighted index hit a new record. America’s history of boom-and-bust cycles in specific sectors shows this isn’t new — but the speed is shocking. Bubbles now inflate and pop in months, not years. Will the next correction be equally swift? For now, the diversified market absorbs shocks with surprising resilience, proving that while some stocks crash, others keep the economy humming.
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