BLOOMBERG Bloomberg Real Yield January 7, 2018
Solid. Disappointing in many ways,. 3 increase in wage growth. We could still be on a path to 3 , so that could be a sign of improvement in the job market. Wages would be. 3 , revisions would be back down to. 1 . 2 per month is what we are looking at. If you can get wages going, you can get inflation going, which is what the fed wants to get going. I do think you are seeing pretty solid labor markets that are not extremely overheating, but it is a good thing for markets and a good thing for equities. This is not a labor market humming along, it is certainly not consistent with needing to raise...
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