Earlier today we hosted a conference call with the broader Hedgeye Research Team to discuss the implications of accelerating wage growth from both a top-down and bottom-up perspective. On the call we addressed the following topics:

  • Why wage growth is set to markedly accelerate in 2H18 and beyond;
  • What industries are likely to see the greatest uptick in unit labor costs; and
  • Which among the industries and stocks we cover are likely to see the most material EPS erosion as a result.

CLICK HERE to access the webcast replay and associated presentation materials. As always, please feel free to reach out with any follow-up questions for our Macro Team or any of the other Sector Heads to address directly.

Kind regards,

-The Hedgeye Research Team