Is ‘The Crash’ Already Here?

Everything about this economy says it should have crashed by now, but the S&P 500 keeps making record highs. If that gap has been driving you a little crazy, you are not imagining it. Interest rates have stayed high for years. The housing market is frozen at its slowest pace since 2011 as roughly 80% of homeowners stay locked into sub-3% mortgages they can't afford to give up. AI is erasing real jobs in real time. Companies announced more than 1.1 million layoffs in 2025, the most since the pandemic. The unemployment rate for recent college graduates has climbed to around 5.6%. And a Stanford study by Erik Brynjolfsson's team found workers between 22 and 25 in the most AI-exposed jobs, such as software development, customer service, and accounting, have seen employment fall about 13% since ChatGPT launched in late 2022, with the latest data widening that gap to 19%. Entry-level white-collar work is the first rung of the ladder, and it is being sawed off. Watch the full breakdown of what is holding this economy up, why the crash everyone is bracing for is, in a strange way, already happening, and what history says you should actually do about it. $SPX. $QQQ. #StockMarket #AIJobs #Recession 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 🖥️ Want the same tools the pros use—without the $10K Bloomberg terminal? Benzinga Edge gives you real-time portfolio alerts, weekly stock picks, and pro-grade research in one command center. 👉 https://bit.ly/4unSKiB ------------------------------------------------------------------------------------ 📲 Follow us on socials @benzinga 🔔 Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.