BLOOMBERG Bloomberg Real Yield October 8, 2017
Headline. I think that is good for american workers. Looking at the wage growth, you are looking at the unemployment number, which is the bright news here. Remember, janet yellen said in a healthy labor market wage growth is between 3 and 4 . So we are just about there. As long as wages begin to rise towards 3 , they certainly are. And i think the fed is a slamdunk in terms of raising rates in december. This confirms a story that has been permeating the market. The data is Strong Enough and the fed has said they will tighten, therefore december is pretty much in the bag. I think people will ri...