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.
