Wage inflation is certainly not over, and wages/salaries are a very large % of core CPI! Sticky components are 70% of core.

Wage inflation is certainly not over, and wages/salaries are a very large % of core CPI! Sticky components are 70% of core.https://t.co/m6mOX2X3He

— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) September 1, 2022

A 9% wage hike not enough for $VWAGY workers?

Volkswagen AG workers in Mexico narrowly rejected a deal struck with their own union that would have given them a 9% wage increase and 2% boost in benefits, leading the carmaker to warn that “all sides are being hurt”. $F $GM $TSLA

— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) September 1, 2022