Market Insight: Middle-income US consumers 'are starting to feel the pressure' 

REUTERS

This week, the US labor market is anticipated to cool down, with the economy projected to have added 190,000 jobs in June, a decrease from 272,000 in May. While a slight slowdown is good news for investors hoping for a rate cut, David Sekera of Morningstar told Reuters job insecurity could add to inflationary pressures that are already weighing on the consumer

THE 'CONSUMER' GENERALIZES THE RICH AND POOR AS ONE