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<blockquote data-quote="The Driver" data-source="post: 3347829" data-attributes="member: 50657"><p>Actually... in part, he’s right. Only in part, though. Low unemployment and upward wage pressure is scaring investors with concern about higher inflation expectations leading to higher interest rates which result in higher equity prices, making them less attractive. The markets react to expectations.</p></blockquote><p></p>
[QUOTE="The Driver, post: 3347829, member: 50657"] Actually... in part, he’s right. Only in part, though. Low unemployment and upward wage pressure is scaring investors with concern about higher inflation expectations leading to higher interest rates which result in higher equity prices, making them less attractive. The markets react to expectations. [/QUOTE]
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