Credit Suisse Warns That Workers Are Gaining Ground and U.S. Equities May Suffer
Labor > Capital
Are Stocks Headed Towards Another Malaise?
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The missing ingredient from the U.S. recovery has arrived — and that's bad news for stocks.
In a note to clients, a team at Credit Suisse Group AG led by Chief Global Equity Strategist Andrew Garthwaite highlighted a myriad of signs that a shift in power from capital to labor is well underway: