Higher Wage Contagion, Debt Weight? 10/5/23

Power Lunch - Een podcast door CNBC

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If and when the labor strikes across America are solved, one thing is for sure: thousands of workers will have higher wages. But will all of those new salaries lead to more inflation across the economy? We’ll discuss what’s at stake. Plus, the higher interest rate environment could pose a risk to overleveraged stocks. We’ll trade some key names that could be impacted.

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