AI, immigration, and rich people will save the US economy from a recession, Wall Street strategist says

• The US economy will avoid a recession due to AI, immigration, and high-income consumers, said Michael Arone.
• AI will boost productivity and immigration will dampen inflation, the State Street investment strategist said.
• "A restrictive Fed won't stop the music this time around because the economy's moving to a new rhythm," Arone said.

The US economy will keep growing and ultimately avoid a recession thanks to artificial intelligence, immigration, and rich people.