Economic data released this morning is supportive of a wage cost spiral
by Player896 Morning economic data: November retail sales (m/m) -0.6% vs -0.2% expected; October retail sales were +1.3% m/m Empire Fed manufacturing survey -11.2 vs -1.0 expected Philly Fed manufacturing survey -13.8 vs -12.0 expected Weekly jobless claims down 20k from last …
