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Letter "A" » Anthony Chan Quotes
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«If the war's prospects improve from here, consumer optimism is likely to improve, while if we see further setbacks of the type we experienced this past weekend, then we must be prepared to see a dip in consumer sentiment threatening to slow the pace of consumer spending further.»
Author: Anthony Chan
«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.»
Author: Anthony Chan
«The unemployment number is the one Main Street looks at. This buys the Fed a little more time and allows it to hold true to its word that, until geopolitical risk lifted, no stimulus should be added to economy.»
Author: Anthony Chan
«This provides a big shot in the arm to the notion that geopolitical concerns were holding back the economy. Otherwise we wouldn't have seen such a big pop. This probably exaggerates how excited consumers will be after all is said and done, but it gets the direction right.»
Author: Anthony Chan
«Betting against the U.S. consumer is always a losing bet.»
Author: Anthony Chan
«Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.»
Author: Anthony Chan
«The fears about SARS are a bit more alarming than the reality. There's so much excess capacity around the world that I doubt any supply disruptions [arising from SARS] would cause a real supply-chain problem.»
Author: Anthony Chan
«The decline in hours means the economy will be limping along once again. Every tenth of an hour lost has the same economic impact as losing 200,000 jobs.»
Author: Anthony Chan
«By telling us that the risks are more heavily weighed towards weakness while simultaneously stating that they expect an economic recovery within the next several calendar quarters, they are revealing that they remain willing to act if they need to while also reassuring financial markets that there is no need for panic over the near term.»
Author: Anthony Chan
«With all that as a backdrop, there are some real positive forces to stimulate growth.»
Author: Anthony Chan
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