Anthony Chan
Anthony Chan
change economy financial head ignore looking markets people sea seen strong
We've seen a sea change in the way the financial markets and economy watchers are looking at the world, ... For many months, people thought the economy was so strong and robust, they could ignore these head winds.
bowls continue fed force full investors punch raising rates ready realize reception rooms soon start
What investors should realize is that the hostesses have been recruited to start removing the punch bowls from all Fed reception rooms and will soon be out full in force and ready to continue raising short-term rates well into 2003.
evidence next quarter recession recovery sector seeing solid start
We'll start seeing solid and significant evidence of recovery in the manufacturing sector in the first quarter next year. It was the first to go into recession and will be the first to come out.
bank central consumer consumers continues encourage giving inflation lower numbers report spending whatever
The CPI report continues to be encouraging, ... These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.
bank central consumer consumers continues encourage giving inflation lower numbers report spending whatever
The CPI report continues to be encouraging. These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.
alan comments expansive fed greenspan inflation monetary obviously policy reflects report sort though wait
The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point,
fact pace worse
The fact that unemployment is getting worse is not a surprise. But the fact that it's deteriorating at this pace is a surprise.
abroad attacks cannot consumers deeply fact further officials rule uncertain
The fact that U.S. officials cannot rule out further attacks will keep consumers here and abroad in a deeply uncertain state.
along decline economic economy hours impact losing lost means tenth
The decline in hours means the economy will be limping along once again. Every tenth of an hour lost has the same economic impact as losing 200,000 jobs.
continue creating difference jobs nine six
We will continue on this jobless path, where we're not creating enough jobs to make a real difference to the economy, for at least another six to nine months.
beating beginning bullet collapsing continue dodge eventually happen impact market month negative next rates rising sure
We will eventually see the negative impact of rising rates -- we can't dodge that bullet -- but doesn't usually happen at the beginning of the cycle. I'm not sure we will continue to see the market beating expectations by these margins, but I don't see the market collapsing in the next month or so.
economy hits rough
When the economy hits rough spots, gridlock is not good.
attract booming economy economy-and-economics hire offer
When the economy is booming and you want to hire new workers, you have to attract them with money. Today, all you have to offer is a job.
barrel consumer creating economy impact jobs masks tolerate
When the economy is creating 200,000 new jobs a month, we can tolerate $65 to $70 a barrel oil. It masks the impact on consumer confidence.