Joshua M Brown

QOTD: Slow Your Roll on McDonald’s Wage Hike

Bank of America Merrill Lynch economist Ethan Harris on the McDonald’s wage hike: Anecdotal evidence of stronger wage growth continues to build. The latest news: McDonalds is joining Walmart and several other retailers with plans to increase pay and benefits for its workers. They are raising the minimum wage by about 10% at the 1,500…