Exposing ETF-Induced Market Socialism
Zero Hedge -

Grizzle.com's Chris Woods fears that so-called 'wage growth' has unsettled the 'Goldilocks' market era.

The stock market's biggest correction since Feb 2016 was - according to the common narrative - triggered by one strong wage number.

This has raised concerns that the era of ‘goldilocks’ may be ending where growth has been neither ‘too hot’ nor ‘too cold’, allowing interest rates to remain at the ultra-low levels that have prevailed since the financial crisis.

But Woods warns of the...

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