Slack Is Not Depressing Wages, Bubbles Are

By |2014-11-10T18:01:41-05:00November 10th, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

While the election confirmed the economic perspective of workers and small businesses, in a lot of ways big business has seen nothing different. In fact, apart from monetary-driven incentives, the two views of dysfunction are very much linked. While profit gains have generally been solid, many blue-chip companies are posting weak sales growth or outright year-over-year revenue declines, causing worries [...]