Posted: May 10, 2021 in: Uncategorized

CNBC: Lack of workers will make prices go up

Commenting on the impact of worker shortages, Chris Hyzy, Chief Investment Officer of Merrill and Bank of America Private Bank, said, “When you have worker shortage, you have the employment cost index going up, the companies that can actually pass on some of the higher input costs into pricing pressure and push that off and maintain margins, those are the ones that will obviously continue to increase their profits.” View.

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