Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Wage Growth in a Stagflation Economy Isnt What You Think
Episode 4 of Stagflation Conversations with Fexingo: With CPI at 332.4 and real GDP growth at just two percent, nominal wages are rising but real earnings tell a different story. Lucas and Luna dig into the April average hourly earnings figure of $37.40, the JOLTS job openings drop to 6.866 million, and what the 'bond vigilantes' return means for workers. They explore why blue-collar wages are finally outpacing white-collar gains, how services inflation eats into those raises, and whether this is a genuine labor market reset or just a fleeting anomaly. The hosts also look at the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.