{"id":439128,"date":"2026-05-08T18:56:07","date_gmt":"2026-05-08T18:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/439128\/"},"modified":"2026-05-08T18:56:07","modified_gmt":"2026-05-08T18:56:07","slug":"buyers-be-wary-companies-sound-an-alarm-about-the-us-consumer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/439128\/","title":{"rendered":"Buyers be wary: companies sound an alarm about the US consumer"},"content":{"rendered":"<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">rate dropped to a three-year low in March, and borrowing saw its biggest rise since 2022. And since <a data-state=\"closed\" class=\"sc-ce6d94d2-0 huanRg sc-ce6d94d2-2 bvljLv\" href=\"https:\/\/finimize.com\/glossary\/consumer\" rel=\"nofollow noopener\" target=\"_blank\">consumer<\/a> spending drives two-thirds of the US economy, those trends are a worry.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">\u26a0\ufe0f Part of the pressure is from energy: gasoline has climbed to an average $4.60 a gallon, the highest since 2022, and that\u2019s feeding into a broader US <a data-state=\"closed\" class=\"sc-ce6d94d2-0 huanRg sc-ce6d94d2-2 bvljLv\" href=\"https:\/\/finimize.com\/glossary\/inflation\" rel=\"nofollow noopener\" target=\"_blank\">inflation<\/a> squeeze as the war in Iran sends prices higher.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">Why should I care?<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">For markets: Nice jobs.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">US employers added 115,000 new jobs in April, comfortably ahead of the 65,000 that economists were expecting, and marking the first back-to-back monthly gain in almost a year. The one disappointment was that average hourly pay climbed just 3.6%, short of the 3.8% forecast. And that\u2019s not great, with everyday costs rising.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">For you personally: <a data-state=\"closed\" class=\"sc-ce6d94d2-0 huanRg sc-ce6d94d2-2 bvljLv\" href=\"https:\/\/finimize.com\/glossary\/hedge\" rel=\"nofollow noopener\" target=\"_blank\">Hedge<\/a> like the best of \u2019em.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">Hedge fund star Ray Dalio sees the US heading into a long stretch of instability, driven by wealth inequality, government debt, deepening political and global divisions, and AI. In his view, the squeeze on US consumers is just an early sign of something bigger.<\/p>\n<p font-weight=\"400\" font-family=\"paragraph\" font-size=\"1rem,,1.25rem\" class=\"sc-f616428d-0 sc-67b61098-0 dFPYwm kxxbia\">\u26a0\ufe0f Dalio&#8217;s advice: hold 5% to 15% of your portfolio in gold. In past periods of upheaval, traditional currencies have tended to weaken, but gold has tended to rise.<\/p>\n","protected":false},"excerpt":{"rendered":"rate dropped to a three-year low in March, and borrowing saw its biggest rise since 2022. And since&hellip;\n","protected":false},"author":2,"featured_media":439129,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-439128","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/439128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=439128"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/439128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/439129"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=439128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=439128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=439128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}