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Wage Growth As A Leading Inflation Indicator

Wage Growth As A Leading Inflation Indicator Authored by Lance Roberts via RealInvestmentAdvice.com, Wage growth peaked four years ago. Since 1985, it has led CPI by three to seventeen months in every single cycle. The May 4.2% inflation print is the noise. Watch the wages. Headline CPI just printed 4.2% year-over-year for May. The highest reading since April 2023. The 10-year Treasury punched above 4.6% on the back of it, then pulled back recently. Energy ran +23.5% over the past twelve months on the Iran war, accounting for roughly 60% of the...
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