Episode
US Economy on Thin Ice: AI's Role in Growth
- Published
- May 15, 2026
- Duration seconds
- 124
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Summary
Morgan Stanleys chief economist foresees a US economy teetering on the edge of a recession, with real GDP growth projected at 2.3% in 2026 and 2.6% in 2027, assuming Middle East tensions ease gradually. Oil prices, the latest supply shock, have surged from $70 to between $90-$120, with a baseline of $80-$90 for the year. Consumers are bearing the brunt, with real spending growth dropping to 1.8% next year from 2.1% this year due to energy costs erasing the extra $320 tax refund boost from the One Big Beautiful Bill Act. AI-driven corporate investment is a bright spot, with nonresidential business fixed investment set to grow 7% in 2026 and 8% in 2027. Inflation is expected to rise to 2.8% in 2026 before easing, and the Fed is likely to stay on hold until year-end at 3.5%-3.75%, considering just 50 basis point cuts in 2027. AI is propping up the economy as consumers grapple with energy price hikes, with oil moves and hyperscaler spending crucial to monitor for growth sustainability. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3b2eb27dc57b906b