Anthony Chan
Anthony Chan
account billion coming created easily federal insurance jobs lost orleans pumped recovery remember
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.
claims continues discussion economic employment face figures greatly recovery strongly suggest
These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated, ... Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front.
figures labor market recovery station strongly suggest train
These figures strongly suggest that the labor market recovery train is still not even at the train station as of yet.
chance dwarfs hurricane people seen
This hurricane dwarfs anything we've seen before. There are still a lot of people out there that just have not had a chance to file.
expected hurricane level optimism
a level of optimism that was not dented as much as one would have expected by Hurricane Katrina.
aircraft ease recovery sector suspicion
Aircraft is responsible for a lot of that decline. My suspicion is that the manufacturing sector will ease up, but the manufacturing recovery is still in place.
assume existing housing ignore market mistake sales weakness
The housing market is resilient, still going strong, but it would be a mistake to ignore the weakness in existing sales and assume everything is copasetic.
along economy experience housing market mild rising surprise
The housing market doesn't surprise me; it's been rising all along and enabled the economy to experience only a mild recession.
basically economy sort stuff
The encouraging stuff is they basically see the economy sort of chugging along,
controls equity market point wants
The equity market wants someone who controls inflation, but not to the point where they go overboard.
clouds dark equity hovering market number quite
The equity market has quite a considerable number of dark clouds hovering over it.
components core headline number running strip telling turning volatile
The headline number is encouraging, but if you strip out the volatile components and look at core growth, it's telling you we're turning the corner, but we're not running around the corner.
bite corporate costs either energy higher impact lower prices raise starting
The impact of higher energy prices is starting to bite corporate America. It's either going to raise costs or lower demand.
consumer core energy fed focus worked yesterday
All the focus is on the core number. The Fed said yesterday that energy has not worked its way down to core consumer prices.