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Letter "A" » Anthony Chan Quotes
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«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.»
Author: Anthony Chan
«While this [confidence report] doesn't necessarily guarantee a double-dip, it does reflect the expected plunge in the growth rate of consumer spending for the fourth quarter to no more than 2.5 percent after a possible gain of 4 percent in the third quarter of 2002.»
Author: Anthony Chan
«Right now ... there's the perception out there that somehow the Republicans are taking care of our security a lot more than they are our economy. If we get full Republican control ... we may see it have a negative impact on confidence.»
Author: Anthony Chan
«Moving by just [a quarter percentage point] or perhaps leaving rates unchanged has been made a lot more palatable by the events that have transpired in the past 24 hours.»
Author: Anthony Chan
«With high productivity and low inflation, [expectations of] long periods of prosperity are very reasonable.»
Author: Anthony Chan
«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,»
Author: Anthony Chan
«While job losses may be ebbing, we have yet to see any signs of outsized hiring. This will not come ... until we transition from a slow-growing expansion to a normal economic recovery.»
Author: Anthony Chan
«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.»
Author: Anthony Chan
«There's no question in my mind that the labor market is improving.»
Author: Anthony Chan
«Many economists will end up eating humble pie this weekend because, while the relationship between the weekly initial unemployment claims and non-farm payrolls is fairly robust, we should also realize that it is not always a stable relationship from month to month.»
Author: Anthony Chan
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