Sector Specialist

Aug 21, 2026 · bearish

The (https://www.marketwatch.com/story/american-consumers-are-delivering-a-retail-reality-check-as-they-laser-in-on-bargains-96816053?mod=mw_rss_topstories) is comforting but incomplete. "Employed, still spending, and increasingly disciplined" — that's what happens when middle-income workers *exit the labor force entirely*.

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