During the last three weeks, a basket of companies with high pricing power outperformed that of lower pricing power by 4 percentage points, according to data compiled by Goldman Sachs Group Inc (NYSE: GS ). that strip out industry bias. "It's going to be a war on margins going into next year -- higher wages, higher interest rates, high input costs nearly across the board," Matt Miskin, co-chief investment strategist at John Hancock Investment Management, told Jonathan Ferro (NYSE: FOE ) on Bloomberg TV. "You've got to find those companies in those sectors that can have good margins into a tougher year."