U.S. wage growth, tax-bonuses spark shopping in retail stocks
25 Jan U.S. wage growth, tax-bonuses spark shopping in retail stocks
Posted at 06:00h
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by KMFSLLP
NEW YORK, Jan 26 (Reuters) – U.S. fund managers are betting
that rising wages and the effects of the Republican-led
corporate tax cut will prove a lifeline to middle-market
retailers who have struggled to remain relevant in the age of
Amazon.
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