S&P 500 industrial and consumer stocks face the biggest hit from a pickup in labor costs as the US sees the tightest job market since World War II, Goldman Sachs says

S&P 500 industrial and consumer stocks face the biggest hit from a pickup in labor costs as the US sees the tightest job market since World War II, Goldman Sachs says

Business Insider

Published

Goldman's economists see wage growth moderating, but if it stays "surprisingly strong," low labor cost stocks should outperform.

Full Article