Low labor costs and tame wholesale prices make companies, and investors, happy. With the job market heating up and trade tensions escalating, the good times may end quickly. Friday’s employment report was strong all around. The unemployment rate fell to 3.8% from 3.9% a month earlier. Average hourly earnings are 2.7% higher than a year ago, topping estimates.

Source: Wall Street Journal June 01, 2018 16:07 UTC