The Pomp Letter
The Pomp Letter
Pay Increases Aren't Keeping Pace
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Pay Increases Aren't Keeping Pace

1

To investors,

It is no secret that inflation is running higher than anticipated at the moment. The official CPI number is at 5.4% and the core inflation number is 4.5%. Given the fact that these numbers are at 13 and 30 year highs respectively, it is hard to see a world where the rate of change (common inflation measurement) will stay at these levels or …

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