Stock Market: Consumer Inflation Shifts Appear To Be Weakening Corporate Growth

Cost has risen in importancegettyThe headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to match their higher expenses to their income levels.For example, "Stock Market: Companies Are Struggling With Inflation-Driven Consumers" describes some of the actions consumers are taking:Switching to lower-priced brands (e.g., store brands)Substituting alternate products (e.g., chi ...