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MacroVoices #301 Julian Brigden: There‘s Behind the Curve and There‘s This

Macro Voices

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You've Got Junk Bonds?

Wage growth is enough that americans consuming, and i do think America's in kind of the sweet spot where it comes to funding inflation. I mean, if you look at aggregate weekly pay roll, which is kind of like the s work times the amount of pay that you earn for every hour, it's rising at nine and a half%. So we can fund four and five % inflation. We might not likely. bitch and moan about it, but we can do it. And thisWe'll eventually, you have to crack the equity market. And you're getting close that when you've turned the tap off. The real tail risk is not the very big tail risk, but the

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