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Letter "A" » Anthony Chan Quotes
«The report illustrates the fact that housing is not defying gravity and is not likely to do so this year. We're going to see chipping away of housing.»
Author: Anthony Chan
«For the equity market, this is somewhat good news because certainly (the report) is an important button for the Federal Reserve to see if its policies are working and that housing is slowing down, as it would be expected to do so, with all the hikes in short-term interest rates.»
Author: Anthony Chan
«Although it's not particularly good news for the housing market, the fact that you're seeing weakness here shows that monetary policy is working and the (Fed) would not have to blunt the economy with more hikes than the market has been anticipating.»
Author: Anthony Chan
«The market doesn't want to see too much exuberance on the part of consumers in order to keep the central bank at bay.»
Author: Anthony Chan
«It reflects some loss of momentum from January. Activity in January was a bit too euphoric given the underlying economic fundamentals. This month is more realistic.»
Author: Anthony Chan
«I just see it as a speed bump.»
Author: Anthony Chan
«Even though every investor out there is saying labor costs are picking up, companies have a way to be flexible. In theory, when the economy is doing well, profits do just fine even if labor costs increase.»
Author: Anthony Chan
«Futures are down this morning, feeling the pressure of Texas Instruments' weak forecast. Now it is clear that growth is certainly going to slow. The question is, by how much?»
Author: Anthony Chan
«This is actually a good report because it really tells us the economy is healthy.»
Author: Anthony Chan
«More people are entering the labor force, so there is more competition. More competition means there's less leverage for employees.»
Author: Anthony Chan
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