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Letter "A" » Anthony Chan Quotes
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«We may very well be in the early stages of a profits recovery that will eventually pave the way for healthier capital spending growth,»
Author: Anthony Chan
«This is an economy coming back, but it's going to be a moderate recovery. But we should not despair, since a balanced recovery has the best chance of turning into a longer-lasting recovery.»
Author: Anthony Chan
«If you have productivity growing faster than the economy, how can you expect demand for labor to be all that strong? I'm still hopeful that unemployment won't go much higher than 6.2 percent or 6.3 percent, but where we'll peak is not as important as when we turn around. If we sort of linger at 6.2 percent, that will put some downward pressure on consumer spending.»
Author: Anthony Chan
«We're coming off 6 percent consumer spending growth in the fourth quarter, and that's going to moderate. It's not going to collapse, but see we spending in the neighborhood of 2 to 3 percent for the rest of the year.»
Author: Anthony Chan
«Given the signs of recovery in the manufacturing sector, that won't bring the economy to its knees, but it will ensure that this will be a moderate rather than robust recovery.»
Author: Anthony Chan
«With sentiment under considerable short- and long-term pressure, we know that 2002 is not going to be anything like 2001 for the consumer.»
Author: Anthony Chan
«Weaker consumer confidence threatens to reverse the course of the recovery. That's why policy makers will be so cautious. They don't really have to worry about the economy's fundamentals, but they do have to worry about confidence.»
Author: Anthony Chan
«It's a healthy development. It tells us the underlying momentum of the economy was stronger, so we can afford to take a bigger hit in the second quarter and still have respectable growth for the year.»
Author: Anthony Chan
«The labor market seems to be improving, but still at such slow pace, it's probably too early to start celebrating.»
Author: Anthony Chan
«The problem was that we had earnings growing at a high multiple of economic activity, and that wasn't right. There was a considerable amount of pressure for companies to exaggerate economic activity, but the economy was doing just fine.»
Author: Anthony Chan
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