@gregdaco.bsky.social on Bluesky

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Gregory Daco

gregdaco.bsky.social

did:plc:knylkw6bvkf2qtl2tckcvz5n

Here is my #1 concern for the US labor market: falling wages We've already established the labor market is non-inflationary, but the risk with inflation rising from the Middle East conflict is that real wage growth is turning negative. Less income means less spending.

2026-05-08T15:16:16.830Z