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Anthony Chan Quotes
«Lower energy prices will cushion the blow to the economy from the higher prices so far. Psychologically, it helps the consumer and that means the hit to the economy will not be as great as feared earlier.»
«Even though the headline number came in much stronger, it isn't the number investors are going to be focusing on.»
«Next year it may be tepid with a capital T.»
«Even when people thought the economy would collapse because of the hurricane, it didn't.»
«I think if you get a payroll above 300, it will probably spook the market. It puts the Fed back into play.»
«The equity market has quite a considerable number of dark clouds hovering over it.»
«[Greenspan's testimony] is good for the bond market ... because they realize the recovery is going to be gradual in nature, ... It's good for the equity market because the Fed won't stand in the way of recovery.»
«These jobs are not lost forever, ... When you take into account everything coming through the pipeline, all Federal aid, all the insurance money, there will be a lot of jobs created by recovery efforts. Remember the GDP of New Orleans was about $40 billion annually before the storm. We'll easily see more than that being pumped into the system.»
«I think if we get another 0.3 rise in the core CPI, I think the Fed will want to draw line in the sand, ... The Fed statement shows there are a lot of anxious parties at that meeting willing to be (more) aggressive.»
«Consumers are generally unfazed by acts of war, as long as the economic fundamentals are favorable,»