Last quote by Rob Martin
Rob Martin quotes
I think you're seeing with some of the Silicon Valley companies, they're not doing terrible, but I think people are looking at their expenses. Today the job market is healthy and good. There are caveats.
These next few labor reports will be quite determinant for what the Fed does in September. If they weaken or stay soft, obviously the Fed's not going to hike into that.
If the U.S. was weak before the vote, the vote has a chance to accelerate that turn.
I think what's really going on with the Fed is they got slammed by the [May] employment number, just like the rest of us did. And it came with revisions that gave us a downward trajectory. That's the kind of signal from labor markets that signals recession, so they're very concerned about that right now.
This investment also illustrates our confidence in the future of the RV industry as younger consumers enter and expand the market over the coming decades.
To date, even taking the recent rise as given, the increase (in claims) is not sufficient to change our view that the expansion remains intact and that the economy is far from recession. Claims are very volatile.