S&P 500 Is Getting Ready For Real Wage GrowthRupert Hargreaves
The S&P 500 is highly correlated to real wage growth and recent gains in the index may be anticipating faster wage growth under Donald Trump, that’s according to research from analysts at Jefferies.
S&P 500 Is Getting Ready For Real Wage Growth
According to Jefferies’s weekly chart update, when compared to returns of the S&P 500, real wage growth (average hourly earnings minus core CPI) seem . . .
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