Wage Growth vs. Fed Funds Rate When wage growth lags behind the fed funds rate, it is interpreted as a sign that monetary policy is restrictive, as borrowing costs exceed the pace of income growth, potentially dampening consumer spending and economic activity. Image: Yahoo Finance
Gold / U.S. Average Worker’s Wage Despite a bullish outlook fueled by declining interest rates and ongoing central bank purchases, gold is seen as expensive relative to the average wage of a U.S. worker. Image: Gavekal, Macrobond
Wage Growth vs. U.S. Home Price Growth The widening gap between U.S. home prices and wage growth has significant implications for housing affordability and economic inequality, making it harder for lower-income individuals and families to afford homes. Image: Federal Reserve Bank of St. Louis
U.S. Wages vs. U.S. Inflation Americans are facing real pay cuts due to high inflation, which has been rising faster than wages over the past couple of years. This has significantly eroded the real wages of most American workers. Image: Real Investment Advice
U.S. Home Prices vs. Wage Growth The widening gap between wage growth and U.S. home prices has significant implications for housing affordability and economic inequality. Image: The Daily Shot
S&P 500 Net Margin and NFIB Small Business Survey: Demand vs. Wage Cost Composite (Leading Indicator) Is there a risk of further decline in S&P 500 margins? Image: Morgan Stanley Research
Wage Growth – Potential Trajectory of U.S. Average Hourly Earnings Will wage growth slow enough in 2023 to satisfy the Fed? Image: BofA Global Investment Strategy
Atlanta Fed YoY Wage Growth Tracker So far, wage growth in the United States remains strong and historically high. Image: BofA Global Investment Strategy
Recession – U.S. Labor Market, Wage Growth and GDP Would it be possible to avoid a recession in the United States? Image: Goldman Sachs Global Investment Research
Federal Funds Rate vs. Wages and Salaries Is the Federal Reserve behind the curve on wage growth? Image: Morgan Stanley Wealth Management
Wage Inflation – U.S. Average Hourly Earnings Expectations U.S. average hourly earnings rose more than expected in December. Image: BofA Global Investment Strategy