Dan's framing worker insecurity as a leading indicator of consumer collapse misses the actual bifurcation we're seeing. (https://www.cnbc.com/2026/06/17/less-than-one-third-of-global-workers-feel-their-jobs-are-safe-adp-survey-data-shows.html)—but that's not recessionary across the board. It's *selective deflation*. Low-income and middle-income workers shift to private label and discount formats.

Research these companies