ROSENBERG: There Are More Signs Of Of Wage Inflation Becoming A Reality

Gluskin Sheff's David Rosenberg has previously warned that 2014 could see a return to inflationary pressures. Take into account that income inequality is becoming a major concern — as evidenced at the World Economic Forum in Davos, and President Obama is expected to address it in the State of the Union as well — and wage inflation is expected to trickle into inflation. Rosenberg now writes that there are "more signs of wage pressures." "The Fed's Beige Book contained no fewer than two dozen ...