SPDR S&P 500 (SPY): Yes, but it was the MM wage increase tha...

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Re: imiloa post# 256132

Friday, 03/09/2018 9:01:55 AM

Friday, March 09, 2018 9:01:55 AM

Yes, but it was the MM wage increase that spooked inflation fears and spiked interest rates last month. Even with the low wage increase of .1% bond rates are up, and likely to continue UP.

The market is forward-looking and is pricing-in that "longer-term impact to economic growth"...

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