Anthony Chan
Anthony Chan
alan best bit certainly continue describe financial great greenspan inflation markets prove realize report worried worries
The best way to describe this report is 'holy cow,' ... This is a great report. We have Alan Greenspan a little bit worried about inflation and certainly the financial markets will realize that those worries certainly continue to prove to be unfounded.
apple bit care core debate fed inflation mean numbers quo running status telling tilt
I think the (PPI and core PPI) numbers will make the Fed a bit more comfortable that the status quo is fine, ... The core PPI is the one they really care about. It's really telling us that the inflation story is not running away from us. That doesn't mean the debate won't be heated. But this number does tilt the apple cart.
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.
bite cause debate doubt economy fairly growing percent remains whether
I don't have any doubt it's going to bite. The debate is whether it'll bite enough to cause a recession, and I don't think so. Because the economy remains fairly strong, it can withstand these one-two punches. If we were growing at 1 or 2 percent and we got this same one-two punches, the ref would tell everyone to go home.
activity becoming behind best bit boom collapse days housing leaves outcome reading signal suggest tea
Reading through the housing tea leaves suggests that the housing boom is becoming a bit long in the tooth. And while this outcome does not necessarily signal a collapse in activity just around the corner, it does suggest that the housing sector's best days are probably behind us.
agreement although bit certainly early mode outcome recession remains rest sector universal
If the manufacturing sector remains mired in a recession mode for too long, it may be signaling the same for the rest of the economy. Although it may be a bit too early to make that assessment, there should be universal agreement that the ISM outcome certainly does not bode well for the rest of the economy.
activity bit economic euphoric given january loss momentum month reflects underlying
It reflects some loss of momentum from January. Activity in January was a bit too euphoric given the underlying economic fundamentals. This month is more realistic.
aggressive approach bit cold economy grow market maybe quickly rate realize stock worried
The stock market didn't want the economy to grow too quickly because they were worried about aggressive rate hikes, ... They wanted the Goldilocks approach where everything was just right. But now they realize that maybe the porridge is a bit too cold for their taste.
bit economic fact gains indicative magnitude month though
Even though the gains this month are in fact indicative of a sustainable economic expansion, the magnitude of the gain was a bit exaggerated.
bit consumer effect equity higher markets positively react turn wealth
As the equity markets react positively to this change, we get a bit of a positive wealth effect which in turn should induce higher consumer spending.
bit equity people realized risk
People are, in fact, a little bit nervous.... People have realized there is a little bit of risk in the equity market.
bitten bullet inventory moving telling
This is telling us that, moving forward, we may have bitten the bullet on the inventory overhang situation.
average based bit conclude consumer credit difficult
Based on these trends, it is not too difficult to conclude that the average consumer is probably a bit overextended from a credit standpoint,
declining deficit economic growth loss slight
A declining deficit may be signaling a slight loss of economic growth momentum.