The fight over a minimum wage hike currently being waged across the U.S. will create winners and lowers as well as a potential relative value trade. A Goldman Sachs report notes that, with interest in the issue building, there is a formula to determine what stocks might benefit from a boost in the minimum wage.
Even before a federally mandated minimum wage, wages are rising around the world
As if perhaps identifying a strong and persistent trend, Goldman equity analysts Matthew Fassler, Stephen Tanal, Karen Holthouse, Taposh Bari and Lindsay Crucker Mann note wages are going up around the country currently even without a $15 per hour Federal...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
