Reuters: U.S. Wage Growth, Tax-bonuses spark shopping in retail stocks


With rising wages and positive effects of the corporate tax cut on retailers, Tom Plumb thinks those waiting for an increase in lower to middle-end wages will see the largest share price gains. He says that we are finally starting to see real wage growth this cycle, and it’s the lower income shopper who will be the most likely to spend it rather than invest it.

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Read 42 times Last modified on Tuesday, 22 May 2018 15:01