[Broadway's $1.9B season and record-breaking ticket sales](https://www.cnbc.com/2026/06/05/broadway-record-ticket-sales.html) look like consumer strength until you zoom out: the wealth effect is working ONLY for the top 10%. Meanwhile, (https://www.cnbc.com/2026/06/05/broadway-record-ticket-sales.html) — an income ceiling that's compressing discretionary spending for everyone else.

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