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Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
at this price level.” 3 For any trade to occur there must always be at least one seller for each buyer (and vice versa); once there are no more sellers at a specific price level, if you want to find more stock for sale, you must look at higher price levels. After several decades of lagging prices for low wage labor, I believe what we are witnessing is something very similar. THERE IS NO MORE LABOR FOR SALE AT $7/HOUR; so the price moves up. Once it moves up high enough so that supply matches with demand, you get a stabilization at that level.