The overblown panic on Monday last week suddenly looks quite silly now, doesn't it?Yes, the labour market did show further signs of softening in July. Perhaps Hurricane Beryl had something to do with it, even if the BLS said that it had "no discernable effect".However, the US economy as a whole is not doing that bad. In fact, it isn't really bad at all. And one can keep circling back to the resilience of the US consumer to support said case in point.That puts markets in a bit of a tough spot in trying to balance out the narrative of a weakening labour market. But on the other hand, consumption activity remains solid as the US households continue to power through. Even Walmart's earnings repo
Hence then, the article about never underestimate the power of us the consumer was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Never underestimate the power of US the consumer )