Part 3/13:
Leeman elaborates on the current landscape, emphasizing that while GDP growth appears modest at around 1.8% on a $29.18 trillion economy, the lion's share of corporate investment—particularly in AI—has soared, with over $400 billion being funneled into artificial intelligence development alone. This diverges from the broader fiscal environment, which he suggests is largely flat when accounting for investments outside AI sectors. The implication is a potential bifurcation: a booming tech-infused segment versus a sluggish or declining rest of the economy.