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'Depression-like state'
Last month, the US Department of Labor reported average hourly earnings had increased 2.9% in January. Wage gains, largely absent from the post-crisis recovery, are good news for the economy.
'Hostile' 2018
Market anticipates a May hike
Favourable macro backdrop
Stretched valuations
Seven-month low
Value should emerge quickly
First Spring Statement
Outflows of €430m