Inflation, labor still issues for stocks –economist

Earnings at S&P 500 companies are expected to grow 35.6% year-on-year in the third quarter, with market participants gauging how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures.

"As we're kind of heading out of prime reporting time, I think we'll go back to those concerns about what some folks are calling the 'Great Resignation' of job market phenomena," said Wolff.

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