Name: Wage Growth Remains Robust
Uploaded: 2023-10-31T22:33:57.272
Duration: 7 min 31 s
Description: 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.

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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.

Wage Growth Remains Robust

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