Succinct summations of the week’s events: Positives: 1) Employment Cost Index for Q2 saw private sector wages and salaries rise 2.6% year over year, the most since Q1 2015 and a pick up from the 2% gain in Q1. Benefits also rose by the most since Q1 2015 and by 1.7% y/o/y vs 1.2% in…Read More

Source: Succinct Summation of Week’s Events 7.29.16 – The Big Picture