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God forbid! Goldman Sachs : "every percentage-point increase in labor-cost inflation will drag down earnings of companies in the S&P 500 by 0.8%" https://www.
by clumsysmurf 8y ago
God forbid!
Goldman Sachs : "every percentage-point increase in labor-cost inflation will drag down earnings of companies in the S&P 500 by 0.8%"
https://www.wsj.com/articles/wage-gains-threaten-to-squeeze-retail-industrial-profits-1531134000 https://www.wsj.com/articles/wage-gains-threaten-to-squeeze-...
- ljw1001 8y agoI'm not an economist, but doesn't that make people .2% better off on average? It's almost like GS is interested in something other than the common good. :)