As long as the productivity numbers are very good, the higher wage gains can be offset by higher productivity gains,
More Quotes from Charles Lieberman:
These numbers are outstanding, ... Inflation still remains very well behaved.Charles Lieberman
No doubt housing activity was elevated over the winter because of very, very mild weather. One housing start in Syracuse, N.Y., in December is an awful lot. So we shouldn't be surprised by a big fall-off.
Charles Lieberman
Inflation has been very soft for a number of years, and there's absolutely no reason to believe that's going to change any time in the near future.
Charles Lieberman
Inflation, on the surface, does not appear to be a concern, but it's obvious that prices for some items are rising, ... It's inevitable that when people are armed with fatter paychecks and when companies are spending more to produce goods and services, prices are going to rise.
Charles Lieberman
Investors worried this morning when the oil inventory report was released, but the market is taking a second look and interpreting the data more carefully now.
Charles Lieberman
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