We're at a Big Macro Turning Point
Real Vision: Finance & Investing
00:00
The Shift in Inflation
Wages in normal terms have gone up. In many senses, in real terms, they're still not quite there. There's this almost a feeling that we've got this incredibly tight labor market but not a very strong one because labor still doesn't have pricing power. Do you think labor will get pricing power? It's just that we're so early in the shift from the old to the new regime and it's just not kicked in yet.
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