higher to 4% that does end 27 month of sub4% unemployment. historically though that is still very low. the part that gets inflation watchers hackles up is average hourly earnings. wages rose 4.1% year over year. that was higher than expected. when wages rise, employers often raise prices and their goods, right? and services in order to cover those increased wages. is this a sign of wage price spiral the likes we saw in the 70s. so far no. most recent inflation rate we got personal consumption expenditure came in it .8%. far cry from the 9% level that it was at back in june of 22 when prices hit 40 year highs. so things are coming down. second read on gross domestic product slowed to 1.3% versus previous read of 1.6%. while that s good, that s small
We recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds using the latest sentiment data. In this article, we are going to take a look at where Alphabet Inc.