Bloomberg Surveillance · Thursday, July 2, 2026
Despite a resilient economy, analysts are concerned about underlying macro risks if AI spending or broader economic activity slows. While current wage growth and unemployment rates do not signal immediate inflation concerns, a broadening of job gains and increased consumer spending are needed for sustained growth.
“The economy has been resilient. So I think the big question you were just talking about the shifting narrative. I think there's also a shifting narrative in the macro you know, world. There is the labor market reaccelerating. You know, we've had three months of solid growth. We at the point where the labor markets about to take off.”
“I still see hiring trends remaining low. You know, we look at all sorts of whether you look at consumers, So if I'm in the market looking for a job, those numbers a week, so centiment numbers a week.”
“I'd like to see the broadening out of the job gains as well as personal consumption picking up, not just the upper part of the KY, but some broadening out as oil prices decline, do we see that tailwind for the consumer, and then you know, that might make us more positive thing that the FED may have to raise rates.”