![stream new movies hd stream new movies hd](https://s19532.pcdn.co/wp-content/uploads/2021/08/Bridgestone-and-Fisker.jpg)
Key to the economy’s ability to withstand higher inflation and wage growth is an increase in productivity. Source: Charles Schwab, Bloomberg, as of.
![stream new movies hd stream new movies hd](https://assets.isu.pub/document-structure/201005205934-4d75dc631d9a49fa8c33aa20aef21c74/v1/a4029d7a00e62ef8eea275b75b62829d.jpg)
Wages have accelerated faster for lower-income workers Yet growth is still being driven mostly by workers on the lower end of the income spectrum, indicating a healthy labor backdrop. Several metrics-for instance, average hourly earnings, the employment cost index, and the Atlanta Federal Reserve Bank’s wage tracker-indicate wages are increasing quickly. While a return to 1970s-style stagflation is unlikely given strong employment trends today, inflation could remain elevated if wage growth continues to accelerate. At the onset of the reopening, price increases were concentrated in areas such as autos and hotels, but they have expanded into energy, food, and wages-confounding some investors and policy officials who once believed increases would be transitory. Price pressures have continued to broaden out as the economy has matured since its reopening. Inflation remains the central focus of policymakers and investors. Meanwhile, regulators approved the launch of the first Bitcoin futures exchange-traded funds (ETFs), a step toward even broader adoption of cryptocurrencies, as the price of Bitcoin surged to a new record high. Despite the Federal Reserve signaling the beginning of the end of its easy monetary policies, 10-year Treasury bond yields unexpectedly fell. Stock prices have continued to rise, while corporate profit margins reached multi-year highs in the third quarter. Although inflation pressures are clearly present-the Consumer Price Index surged 6.2% year-over-year in October, the biggest jump in 30 years-investors have been uncertain how strong or prolonged these pressures will be. How rapidly and for how long will prices rise? That’s still the million-dollar question. Listen to the latest audio Schwab Market Perspective. Meet the experts behind Schwab's investing.Understanding these principles can help.
![stream new movies hd stream new movies hd](https://pbs.twimg.com/media/EryfkJ6XMAcBIbY.jpg)
Schwab Live Webcasts and Special Events.Benefits and Considerations of Mutual Funds.