U.S. wealth has shifted to stocks from homes. There are big reasons to worry.

The U.S. wealth landscape is dramatically shifting as investors funnel more money into stocks, largely driven by the AI boom, rather than real estate. This surge in stock market wealth comes with significant implications, including higher costs of borrowing money, which could affect consumer spending and economic growth. This shift underscores broader trends in investment strategy and signals potential risks if the stock market's growth falters or if inflationary pressures persist.