Anthony Chan
Anthony Chan
picking rate slow
The unemployment rate is picking up, but it's picking up at a very slow pace,
bankers canary cave central convinced housing investors market view
Investors have become completely convinced that we need to see the housing canary buckle under a little bit. If the housing market softens, then investors will view that as the canary in the cave that indicates that central bankers will not have to be as aggressive.
clears future investors likely listening monetary path says
Investors will be intently listening to see if he says anything that clears up what the future monetary path is likely to be,
debate expect fed given impact policy release
Given our forecast, we do not expect that this statistical release will have much impact on the policy debate when the Fed meets,
catching dollar lowering prognosis relatively remain remains starts strong suspicion
My suspicion is that the dollar will remain relatively strong because, even if the ECB starts lowering rates, they've got a lot of catching up to do, ... The prognosis for the dollar remains cautiously optimistic.
costs energy goes increase reasons various
It could be the weather. Distribution costs increase with the cost of energy. Fertilizer goes up when energy goes up. There are various reasons for the surge.
argue borrowing capacity consumer excess higher income ratio side
The consumer credit-to-disposable income ratio is much higher than it was in the '50s, so you can't argue that there is as much excess capacity on the borrowing side as there was in the '50s,
economy energy fate federal prices reserve
The Federal Reserve and energy prices really have the fate of the economy in their hands.
articulate financial greenspan impressive justified markets maybe views
He not only was articulate in his views, but justified his views without making financial markets balk. He was impressive, maybe not as impressive as Greenspan, but Greenspan had 18 years to practice.
controls equity market point wants
The equity market wants someone who controls inflation, but not to the point where they go overboard.
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,
economic equity expansion home housing left market picking prices reason rising sale starts
Real new home sale prices and existing-home sale prices have been rising very sharply. When that starts to give way and we don't have the equity market picking up where housing left off, that's another reason the economic expansion will be gradual.
economic financial flows growth longer short situation
In the short run, it's a no-win situation for the administration. But longer term, it's a win-win situation because you keep financial flows going, and economic growth will become a lot firmer.
economic exports growth increased inventory picking problem small start
Exports increased by such a small amount, it's not enough to tell me the inventory problem is going to go away. We need world economic growth to start picking up.