BLOOMBERG Bloomberg Real Yield October 6, 2017
Getting real wage growth. 2. 9 wage growth is the headline. I think that is good for american workers. Looking at the wage growth, the unemployment number is the bright news. Janet yellen said in a healthy labor market wage growth is between 3 and 4 . Wages begin to rise towards 3 , they certainly are. Slamdunk infed is a raising rates in december. This confirms a story permeating the market. The fed has said they will tighten, therefore december is pretty much in the bag. I think people will rightly interpret the second move. They will go in december. Two and three times next year. Jonathan j...