The US Consumer Discretionary index has hit a 20-year low relative to the S&P 500, exposing a widening gap between AI-driven market gains and struggling consumer stocks.

The S&P 500 has surged 130% since 2020 while University of Michigan consumer sentiment hit an all-time low of 44.8, revealing a historic wealth gap.

The S&P 500 Consumer Discretionary sector has hit a 20-year low relative to the broader index as investors rotate into AI, signaling deeper economic cracks.

The US Consumer Discretionary index has hit a 20-year low relative to the S&P 500, exposing a widening gap between AI-driven market gains and struggling consumer stocks.