Anthony Chan
Anthony Chan
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.
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,
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.
bit ease easing economic expansion growth remains tells though trajectory
What it tells us is that we may see a bit of an easing off of economic growth or momentum. But even though the trajectory of growth may, in fact, ease a bit in 2006, I think the expansion remains intact.
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 housing mortgage precisely rates start turn
Mortgage rates will put a little bit of a brake on housing activity, ... but it may come precisely as other sectors start to turn around.
accept bit consumer drives enter notion quarter question realistic sales turn
There's no question unemployment is what drives consumer confidence, which in turn drives consumer spending. We have to be realistic and accept the notion that, as we enter the first quarter and December, these sales are going to get a bit weaker. We're still in a recession.
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.
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.
bitten bullet inventory moving telling
This is telling us that, moving forward, we may have bitten the bullet on the inventory overhang situation.
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.
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.