America's biggest companies keep sounding the alarm on an overlooked fear that could crush profits
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- Companies in the S&P 500 raised similar concerns over a major market headwind during first-quarter earnings calls.
- Goldman Sachs followed the calls and compiled multiple examples of rising corporate fear around the swelling pressure point.
If you've forgotten to keep an eye on wage inflation, you can hardly be blamed.
After all, the market has dealt with any number of other pressure points in recent months, including the 10-year Treasury yield's climb above the crucial 3% threshold, the prospect of a global trade war, escalating nuclear tensions in the Middle East, and good old-fashioned high valuations.
See the rest of the story at Business Insider
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- America's biggest companies keep sounding the alarm on an overlooked fear that could crush profits
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