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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (80401)	9/27/2011 8:56:46 AM
From: KyrosL	Read Replies (1) \| Respond to of 217738

US wages have been stagnant for almost two decades, and below their late nineties peak. Meanwhile, emerging market wages, especially China's, continue rising briskly in real terms. Already US companies find it does not make sense to outsource anymore to relatively rich emerging market countries like China, Brazil and even India. On the other hand the labor market in the US is very flexible with little union presence and relatively low non-wage costs compared to other developed countries. And, of course, the dollar is low and the Fed makes a great effort to keep it that way.