9/29/2025
By Charles Payne CEO & Principal Analyst

AI Trillions

The difference in this economy is the significant amount of money being poured into Artificial Intelligence. It's becoming increasingly controversial, with several well-known names arguing that it's unsustainable or now overkill. Right now, it’s the ultimate driver of the economy (92% of the GDP growth).

Consumer

Consumer sentiment remains above 50 but is waning.

The Rich are Different…They’re Happy

Morning Consult's Daily Consumer Sentiment Index sees a massive spread between incomes over $100,000 and everyone else.

Personal Income and Spending

Personal income and spending came in much better than expected. Interestingly, spending outpaced income growth for the third consecutive month, which means lower savings.

As long as folks are forking over billions for discretionary spending, such as on OnlyFans, it's hard to argue that the economy is in dire straits. It's not as healthy as many assume.

The Economy: Manufacturing

The Kansas City Fed Manufacturing report is beginning to spike.

To read the full report, contact your account representative or email Info@wstreet.com.

Charles Payne
Wall Street Strategies

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