Wages could finally pick up steam in 2018, according to Danielle DiMartino Booth, former Federal Reserve adviser and author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America.
Booth was a panelist on TheStreet's monthly Trading Strategies roundtable, which also featured:
- Stephen Guilfoyle, co-manager of TheStreet's Stocks Under $10 model portfolio, author of our daily Market Recon column and a former New York Stock Exchange floor trader.
- Jeff Marks, senior portfolio analyst, Jim Cramer's Action Alerts PLUS charitable portfolio and club for investors.
- Gabriela Santos, global market strategist, J.P. Morgan Asset Management.
A host of major companies including Southwest Airlines (LUV) , American Airlines (AAL) , Comcast (CMCSA) and AT&T (T) announced plans to award employees with a $1,000 bonus amid the recently passed corporate tax cuts.
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