05/29/2026
Last week, this substack highlighted the “unstoppable” stock market which ignores inflation, interest rates, wars, and a struggling consumer. Buoyed by the Magnificent 7 technology companies and the global dominance of America’s S&P 500 corporations, the elite are getting richer while the savings and purchasing power of the working class continue to decline. But all of this wealth is primarily benefitting the tech and investor classes, while the physical economy falters. AI is important to our nation’s future, but so is the state of our infrastructure and other “real” parts of the economy. Hopefully more investors and entrepreneurs (like Elon Musk) will take on the task to invest back into the physical economy.
https://open.substack.com/pub/magatakes/p/weekly-wisdom-digital-vs-physical?r=5zjdpm&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true