Equity Returns and Real Wage Growth in the US

January has so far been good when it comes to economic data and February as well. I think the reason is that we see a rebound in the purchasing power of the average household in the US with a landslide in natural gas costs. With a increase in wages relative to the most recent pressure seen in prices over the past, say, four to six months, it also means that the average household is now able to spend more than just a couple of quarters ago.