‘In future union negotiations, expect to see larger wage settlements than we’re used to seeing,’ one expert says, as PSAC workers hammer out tentative deal for 3% a year wage increases.
this sort of enthusiasm for it. so what s the feeling like and why? i ll tell you one reason why. because too many people haven t been invested in this rightly. we ve had 24% to the up side on the s&p so far this year and they re thinking i m worried, i better own some of it or my investors will say why did i miss out. but as you say, the enthusiasm is tempered. for instance only 52.5% of companies reporting in this earnings season are actually beating expectations on revenue. on revenue itself, sales only about half are beating expectations. so the numbers in sales are pretty average. data is not that great. but everyone is thinking no tapering and so moving to the the up side. what about s.a.c. settlement? right. this investigation has been going on pretty much the whole time you were at cnbc almost. the best part of seven years