Wage Growth Remains Robust

Data continues to come in much stronger than most forecasters expected, notes Jeffrey Cleveland. He discusses if the Fed could hike one more time. He talks about how the GDP consensus has been way too pessimistic for over a year now. He highlights that wage growth remains robust, which supports the consumer’s ability to spend. Tune in to find out more about the stock market today.

Market On Close

31 Oct 2023

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