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Letter "A" » Anthony Chan Quotes
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«There's a very good likelihood we'll see the sector come back as rebuilding takes place and the economy starts to react to the huge stimulus in the pipeline.»
Author: Anthony Chan
«We'll start seeing solid and significant evidence of recovery in the manufacturing sector in the first quarter next year. It was the first to go into recession and will be the first to come out.»
Author: Anthony Chan
«Given that we import more than 50 percent of our oil consumption from abroad, it is clear that as these prices rise, we are essentially transferring net wealth from U.S. consumers to oil producers that are mostly located overseas.»
Author: Anthony Chan
«As the natural displacement from other consumption goods toward energy goods occurs with rises in energy prices, it is easy to conclude that our natural wealth and standard of living will inevitably decline.»
Author: Anthony Chan
«These results suggest that the current low energy prices should serve as an important and positive boost to overall economic growth.»
Author: Anthony Chan
«If people lose their jobs, they're not going to go buy a car.»
Author: Anthony Chan
«All this stimulus is going to work, ... just not overnight. It's probably going to take a couple of quarters to work itself out.»
Author: Anthony Chan
«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.»
Author: Anthony Chan
«The fact that unemployment is getting worse is not a surprise. But the fact that it's deteriorating at this pace is a surprise.»
Author: Anthony Chan
«There's no question they will have to keep the door open [for more cuts]. If they see further surprises on the down side with respect to unemployment, they have to remain in play because that has a dramatic impact on consumer confidence.»
Author: Anthony Chan
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