As the price of almost everything has increased, and American workers’ wages have all but stalled, politicians like President Donald Trump have tried to ease our minds by telling us that the economy is “doing great” and that the stock market is booming. “Record high, record high, record high,” Trump said at an event earlier this month in Florida.

Key takeaways • The world’s most important company, Nvidia, is driving the entire growth of the US stock market to an extent that no single company has in recent memory. • If it falters, there’s a fear it will take the entire US economy down with it — and there are signs that it might. • The shock waves of Nvidia falling would be devastating and far-reaching — from tech startups and cloud computing to construction, land development, and ste

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