The Real Reason Stocks Keep Hitting Records Has Nothing to Do With AI

Delta's decision regarding the NRA highlights that every company maintains some form of discount program, regardless of political optics. Simultaneously, stock markets continue to reach record highs, a phenomenon that is not driven by AI. Instead, this trend is attributed to the consistent rise in stock valuations coupled with a decrease in the frequency of recessions. Both scenarios demonstrate that underlying structural factors often outweigh the most visible public narratives in business.