A Future Burst of Wage Hikes Will Lift Inflation, Economist Predicts
While pay raises are torpid now, expect a surprise at year-end due to tight labor markets, David Levy says.
While pay raises are torpid now, expect a surprise at year-end due to tight labor markets, David Levy says.
AAII gauge shows largest weekly jump in pessimistic sentiment since January 2016.
Ignoring today’s more integrated world economy means fighting “yesterday’s war,” asset manager finds.
It also risks pushing the US and the world into a recession, BofA Merrill warns.
In Deloitte poll, some 58% say now is a good time to take risks.
The US and the world’s economies should be fine in 2018, then start to slow, IHS Markit predicts.
He hopes to hit the sweet spot that keeps inflation, now 1.9%, in check.
Tariffs don’t involve a major part of the US economy and this may all be a negotiating tactic, say some market strategists.
Peak earnings may have occurred in the first quarter. But maybe the picture isn’t so bad.
The recovery from the market’s winter correction is aiding this month’s performance, so far.
It boosts rates as part of an ongoing drive, reminiscent of the pre-Great Recession hiking.
Hedge fund star looks for ‘phenomenal’ year-end rally, with the Fed spoiling the party.
The end of the emerging market boom doesn’t mean that these stocks are in a death spiral.
Their 0.65% increase last month makes up more than two-thirds of this year’s increase.
Higher mortgage costs and a supply shortage are problems, though demand is decent.