Anthony Chan
Anthony Chan
april checks clear closer people start tend
I think we'll see a clear acceleration of refund payments as we get closer to the April deadline, when the checks really start to flow. People tend to procrastinate.
change closely couple employers eventually growth happen incentive line moving packages past wages
Wages have stagnated over the past couple of years; employers have no incentive to change wages. Eventually we will see incentive packages moving more closely in line with growth in the economy, but it's not going to happen soon.
claims close coming corner ignore labor market trend turning
We can't ignore the trend -- jobless claims have been coming down. We're at least close to turning the corner on the labor market front.
borders business close less overall pay pressure secret workers
If we close the borders and have less undocumented workers, it would put some upward pressure on overall wages. It's no secret business will have to pay workers more money.
close eventually housing market peak though
Even though we are close to the peak and we are still going to see spurts in activity, we will eventually see the housing market slow.
claims closely continuing numbers tied
Continuing claims numbers are very closely tied to unemployment, and they are skyrocketing.
beginning certainly forecast million patch soft stands year
I think we will get that bump. I think this is temporary. My forecast at the beginning of the year still stands for 2.5 million new jobs. But I certainly do see a soft patch here.
chain discount factor happening issue retail store
I think a seasonal factor is part of the issue here, but you can't discount it all. Look at what is happening with chain store sales. They've been pretty weak. Some of it (weak retail employment) is real.
auto despite disappear fact fell happen incentives likely limited question raises sales
I think it was interesting that sales fell despite the fact that we had limited auto incentives in November. It raises the question of what is likely to happen once these incentives disappear entirely.
bounce clearly december fed hike hurricane puts rate report shows
I think this report clearly shows that we got a hurricane bounce back. It also puts the possibility of a Fed rate hike in December back in play.
apply employment gravity laws monetary report shows
I think this employment report shows that the laws of gravity do apply to monetary policy,
chairman coffin cut greenspan move nail notion numbers percentage regular wish
I think these numbers pretty much put a nail in the coffin of the notion that a 75 basis-point (three-quarters of a percentage point) cut will occur. I think (Fed Chairman Alan) Greenspan will get his wish for a move at the regular meeting, but they will do a 50 basis-point (half-point) cut.
drive economy fed numbers potential slowing
I think these numbers have the potential to drive the Fed to do an inter-meeting cut. The economy is slowing down, and I think we'll see more of this before it's over.
seeds soft
I think the seeds are in place for a soft landing.