#数字资产市场动态 $BTC $ETH $ZKC

⚠️The Prosperity Trap of 2026: Four Invisible Minefields

The stock market continues to rally in 2026—S&P 500 and NASDAQ soar, large infrastructure bills boost the momentum. But what are the top 15 Wall Street investment banks really thinking? Two words: risk ahead.

**First: The Tech Bubble Is Inflating**
JPMorgan's latest data hits hard—AI-related capital investment has surged to the trillion-yuan level, with tech stock valuations breaking through the sky. Retail investors are bottom-fishing, institutions are increasing holdings. Under this speculative atmosphere, the bubble is taking shape, and the risk arrives before the peak.

**Second: The Job Market Is Unstable**
Deutsche Bank and Goldman Sachs are simultaneously sounding the alarm: U.S. employment is hemorrhaging. Weak hiring, hidden layoffs—once this layer is pierced, a recession could truly be on the horizon.

**Third: Inflation Is More Sticky Than Expected**
Bank of America estimates that core inflation will struggle to fall below 2.8% this year. Trade policy uncertainties and event-driven price hikes—rate cuts are blocked, and market liquidity may tighten.

**Fourth: Consumer Polarization Is Widening**
The wealthy continue to splurge, while the lower classes tighten their belts. Nearly half of low-income residents in some states are facing financial hardship. This K-shaped trend reflects uneven social purchasing power, with risks buried deep in the data.

Optimism still lingers, but undercurrents are already flowing. The prosperity of 2026 warrants a closer look. ⚠️