The data today suggests that there was only a temporary pause in this sector and that we can expect more growth going forward.
More Quotes from Drew Matus:
The labor market is hot and getting hotter, and that is one of the reasons the Fed continues to raise rates.Drew Matus
The overall number does suggest modest amounts of strength, but nothing necessarily that gets me too excited.
Drew Matus
With this kind of income growth, the consumer has room to run. This tells us we don't need to worry about the first quarter.
Drew Matus
The current focus going into the employment report this week has much more to do with habit than anything based in reality.
Drew Matus
There's no sign of inflation, and the labor market is still weak. There's still plenty of room from the Fed's point of view.
Drew Matus
It's the inflation story, it's there and it's got implications going forward.
Drew Matus
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