BLOOMBERG Bloomberg Real Yield January 7, 2018
Solid. Disappointing in many ways. 3 in wage growth. 2. 5 over the last 12 months. We could still be on a path up to 3 . That would be a sign of improvement in the jobs market. 3,he wages would be revisions 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 is is but it is a good thing for market and equities. A labor market humming along, it is not consistent with needing to raise rates. It pushes t...
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