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Bloomberg

The Lower Income Consumer Has Felt Inflation The Most Says Suzuki

Tuesday, June 30, 2026


Dan Suzuki, Global Investment Strategist at iCapital, stated that lower-income consumers have experienced inflation more acutely than other income groups. The stock market added over 8 trillion dollars to the S&P 500's value over three months, with strength reported in jobs data and consumer sentiment. Chipmakers extended gains during the quarter.

Original reporting: https://www.bloomberg.com/news/videos/2026-06-30/s-p-500-climbs-at-end-of-best-quarter-since-2020-video

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