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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: dennis michael patterson who wrote (28772)10/8/1999 9:00:00 AM
From: Benkea  Read Replies (3) of 99985
 
dennis:

"the hour wage growth isn't that bad."

Yea, the annual rate is ONLY TWICE the STATED CPI :-) The good news is that productivity has been dropping while this has been rising. Wait a minute - that isn't good <g>.

And dennis, while it is only about 3.8% trailing rate, the last two months have been .5 or 7% annualized !!!!!!
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