Institutional investors' biggest fears for the past two years are the impact of rising interest rates due to the Federal Reserve rate hike campaign. Now that a recession appears to be a low probability, investors new fear is if the Fed's will resume more rate hikes if inflation appears to be heating up. Wage growth will be a major factor to rising inflation going into 2024 and investors will be encouraged by reports that employers are slowing their hiring and wage increases. Listen in this Brief our analysis of the labor market and what it may mean to investors going into the fourth quarter.