​The Dockworkers Were Just The Start: Other Unions Will Now Strike, Expecting 62% Wage Increases – Tyler Durden

The Dockworkers Were Just The Start: Other Unions Will Now Strike, Expecting 62% Wage Increases By Philip Marey, senior US strategist at Rabobank Markets remain concerned by developments in the Middle East. This morning oil prices were subdued, but still heading for a weekly gain of about 8%. Meanwhile, markets are waiting for Israel’s pending retaliation against Iran and today’s US Employment Report. Yesterday, the union of East Coast and Gulf Coast dockworkers reached an agreement with port operators, ending three day strike at ports from Maine to Texas. Port operators offered a 62% wage increase over six years, after…  — Continue at ZeroHedge News : Read More