With inflation, wage growth, and unemployment figures being an essential piece of central bank calculus as to the future of central bank rate hikes, the jobs picture is starting to show signs of overheating.
The Dispersion of S&P 500 Stocks Hits A Record High
Falling headline inflation numbers, released Wednesday morning that showed subdued inflation, could be obfuscating significant inflation pressures. While gasoline led the consumer price index lower by 0.1%, there are more powerful trends driving inflation, particularly in regards to wage and employment growth that were highlighted in a recent Deutsche Bank presentation.
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