US wages ‘should’ go up to achieve ‘balance’: Billionaire Todd Boehly

The ongoing inflation spike proves that the economic recovery is either gaining strength or flying off the rails, depending on whom you ask

BlackRock (BLK) CEO Larry Fink on Wednesday warned that investors are in for a “big shock” as prices rise. That ominous prediction came days after President Joe Biden said “we all benefit” from the uptick in U.S. wages that some consider a key driver of rising inflation. 

In a new interview, billionaire Todd Boehly — co-founder and CEO of holding…


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