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A significant portion of economic growth over the past seven quarters has been driven by artificial intelligence buildouts, according to Ryan Detrick, chief market strategist at Carson Group. Detrick described why a slowdown in AI development is a major concern for the broader economy in his recent post.
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Detrick has previously tracked equity market patterns, noting the S&P 500 rose about 18% since March 30, 2026, after a typical post-midterm year trend in recent commentary. He also reported that the index saw only one new low for the second consecutive day, alongside 21 new highs the prior day, as detailed in an earlier update. These observations have focused on market performance and breadth in recent sessions.