US Inflation Just Beat Wages, But Bernstein Says One Stock May Escape the Pain
US inflation in April rose 3.8% year-over-year, surpassing wage growth of 3.6%, causing concerns about increased financial pressure on consumers amid energy and food price shocks linked to the Iran war. Despite the challenging macroeconomic environment, Bernstein highlights tokenization platforms like Figure Technology Solutions (FIGR) as potential winners, maintaining a $67 price target with significant upside. The broader economic impact includes rising gasoline prices and supply chain disruptions affecting manufacturing costs.
US April inflation rose 3.8% year-over-year, outpacing 3.6% wage growth and reigniting fears that the Iran war energy shock is bleeding into food, transportation, and core consumer prices. Bernstein, however, told clients Tuesday that tokenization platforms can sidestep the macro repricing, reiterating its $67 price target on Figure Technology Solutions (FIGR) and signaling 72% upside despite the deteriorating backdrop. Q1 results are in @Figure / $FIGR . We’re a Rule of 140 company, which I am proud of bc it captures our ability to scale rapidly but also very efficiently. Our blockchain loan marketplace started the year with record origination volume, our DeFi ecosystem is growing fast, and… pic.twitter.com/3FXKGfUc9E— Michael Tannenbaum (@MBTannenbaum) May 11, 2026 Energy Shock Bleeds Into the Real Economy Headline US CPI rose 3.8% in April, above the 3.7% consensus, while wages climbed just 3.6%. Many US workers are losing purchasing power for the first time in roughly three years. INFLATION NOW OUTPACING PAYCHECKSInflation is once again rising faster than wages, putting Americans under growing financial pressure for the first time in about three years.Consumer prices climbed 3.8% over the past year, while wages rose just 3.6%, meaning many workers are… pic.twitter.com/RmWJLitSNk— *Walter Bloomberg (@DeItaone) May 12, 2026 Energy CPI rose 3.8%, and food prices climbed 0.5%, with average US gasoline now near $4.50 a gallon, up from $3.14 a year ago. President Trump floated a temporary suspension of the federal gas tax to relieve pressure on drivers. JUST IN: Trump announces plans to suspend the federal gas tax "for a period of time."— Polymarket (@Polymarket) May 11, 2026 Plastics and manufacturing costs are rising as Iran war supply disruptions ripple through global chemical inputs, lifting the risk that price pressure spreads beyond energy and food. The US has delayed a plan to suspend beef import tariffs that Trump pitched as a grocery price fix. Markets Rep...
Comments
Log in to comment