Sunday, 21 May 2017

Stories we should be thinking about 21/05/17

Stories we should be thinking about

Here are a few finance and related stories to be thinking about ahead of the new working week...

Macro matters:

Let’s start with consumption which is, of course around 70% of a developed market economy.  So kind of interesting/worrying to read this about UK wage trends in The Sunday Times:

‘wages would not rise above 2007 levels until 2022, adjusting for inflation…Even with unemployment at a 40-year low, shifts in the labour market such as the growth of part-time work and zero-hours contracts suggest that pay has become less responsive to greater competition for jobs’

Hmm…some difficult comps coming up for UK retail sales from the summer onwards.  I still like more domestic plays…but focus on your stockpicking.

Meanwhile consumption/wage trends are not much better elsewhere in the world.  Here's the recent European trend…

You can read all of Stories we should be thinking about for free by clicking here.  

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