Anthony Chan
Anthony Chan
blow distance economic economy event fatal market slow within
Yes, the economy was slow and would have come within a hair's distance of a recession. But Sept. 11 was the fatal blow to the economy this year. That probably will be the most important market and economic event of the year.
collapse consumer moderation
We will see a moderation ? but not a collapse ? in consumer spending,
consumer growth last next outside weaker year
Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.
economic largely likelihood path recent recovery strongly suggest towards trends
Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
boom demise greatly housing recent
Recent speculation about the demise of the housing boom has been greatly exaggerated.
above fed payroll puts
I think if you get a payroll above 300, it will probably spook the market. It puts the Fed back into play.
anxious core draw fed line meeting parties rise shows statement willing
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.
august fed interest pause raise rate
It could raise expectations of a pause (in Fed interest rate hikes) after the August meeting,
central falling fear lower markets rates sending signal step
I think this is an important first step for the central bank. They didn't want to lower rates too aggressively for fear of sending a signal to the markets that they thought things were completely falling apart.
housing momentum permits since strength
I would say that momentum (in the housing market) probably will not continue, since you don't see the same strength in permits that you do in construction,
adopted aggressive along continue engine fed humming inflation keeps line posture raise somewhere surprise
keeps the Fed tightening engine humming along and does raise the possibility that a more aggressive posture could be adopted somewhere down the line if the inflation indicators continue to surprise to the upside.
absolutely greenspan widely
It absolutely makes tomorrow's (Thursday's) Greenspan announcement as widely anticipated as the new 'Star Wars' movie.
appears consumers eating economic feeling general good job level people rising security spending though
It appears as though the level of job security is rising and that's a very encouraging thing to consumers, ... Consumers are spending more on general merchandise as well as on eating out. People don't go out to restaurants a lot if they're not feeling good about their economic situation.
claims eating economists fairly humble initial month pie realize relationship stable weekend weekly
Many economists will end up eating humble pie this weekend because, while the relationship between the weekly initial unemployment claims and non-farm payrolls is fairly robust, we should also realize that it is not always a stable relationship from month to month.