Here is why “wage inflation” shouldn’t be a concern for anyone. Income has barely moved in terms of purchasing power since 1999.

https://twitter.com/OccupyWisdom/status/972171068613058560

Stronger jobs +313k.. wages still flat as a pancake like 2s10s +2bps.. Encites a more aggressive Bear Flattening from the Fed as cost of living rises exacerbating over indebted consumer weakness. $SPY $TLT #LateCycle. pic.twitter.com/EhP7hSVdrg

— PlungeProtectionTeam (@gamesblazer06) March 9, 2018

Q: #INFLATION OR #DEFLATION?