Quotations
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Anthony Chan Quotes
«The two months of favorable data allow us to start connecting the dots. It gives us a picture of a rapidly improving labor market. I think we can categorically say we have seen a sea change in labor market environment at this time.»
Author: Anthony Chan
«Next week's producer price index or consumer price index could tip the Fed in favor of a June hike if they're on the upside.»
Author: Anthony Chan
«This is a sign that the housing market is not exempt from the laws of gravity,»
Author: Anthony Chan
«Several times in the last year we've seen mortgage rates creeping up and housing hasn't responded. Now the Federal Reserve has put some credibility behind the increase in rates. I think it set a general tone for the housing market that it'll be a lot more muted.»
Author: Anthony Chan
«They (wages) are still not at levels we would expect at this point in an economic expansion.»
Author: Anthony Chan
«Nothing in this report tells things are running out of control.»
Author: Anthony Chan
«Everybody knows energy prices are out of control. But to see the core number coming in line with expectations and the year-over-year figure actually declining tells me the Fed is back on plan to move at a gradual pace (of rate increases.)»
Author: Anthony Chan
«For the moment the third quarter is probably going to be similar to what we saw the last three months -- probably between 250,000 to 300,000 new jobs every month,»
Author: Anthony Chan
«This economic recovery is a lot more fragile than most of us thought.»
Author: Anthony Chan
«I don't think the recovery is in danger. But I think what we have here is a situation where the Federal Reserve will probably look at the numbers a lot more closely. If we see another two or three economic statistics that surprise us, yes the Fed can pause and not raise rates in August.»
Author: Anthony Chan