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Barry Ritholtz

The Economy Is Finally Coming Through for U.S. Workers

Decent wage gains are showing up in paychecks. That should continue for a while.

Give that man a raise.

Give that man a raise.

Photographer: Luke Sharrett/Bloomberg

Last week, I discussed the things I got wrong in 2018. Today, I want to point out one that I got very right: rising wages.

Saying that higher wages were coming wasn’t an especially popular viewpoint as recently as 2016 (see this and this). It was a little less radical to suggest that higher wages were on the way a year ago.