Too Early To Signal a Pivot?
Real Vision: Finance & Investing
00:00
What Are the Risks of a Wage to Price Spiraling Over the Next Decade?
The Fed has been very vocal about the first thing on people's mind is this wage price spiral. My broad theory is that the Fed never thought this was transitory. They don't want long-term inflation expectations to go higher. I think we'll see more and more of that across the commodity space in particular as we go forward.
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