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Letter "A" » Anthony Chan Quotes
«When we see a change in payrolls that is dominated by a glitch in the seasonal factor, no change in average hourly earnings and only a small gain in the length in the average workweek, we know that the message is encouraging but not exhilarating,»
Author: Anthony Chan
«[Greenspan's testimony] certainly raises the probability that the structure of any eventual stimulus plan passed by Congress will move closer to that favored by Democrats, a plan that has clearly been associated with lower revenue losses,»
Author: Anthony Chan
«The sharper-than-expected PPI decline will undoubtedly raise the stress level of [Federal Reserve officials] at the next policy meeting since it tells us price trends are moving dangerously in the wrong direction, ... The only consolation, however, is that this report was dominated by energy price declines. Outside of the food and energy price components, price trends appear to be stabilizing.»
Author: Anthony Chan
«There is a lot of pain, and if anything these statistics are understating the pain, ... At the same time the economy is showing some potential signs of improvement, you're not finding a lot of firms offering jobs.»
Author: Anthony Chan
«We're still far from deflation, but not far from a deceleration in inflation, and that's why policy makers have to remain vigilant,»
Author: Anthony Chan
«Although we should get a boost from the reduction in tax withholding along with tax rebates to lower-income taxpayers, the fear is that the persistence of poor labor-market conditions and continuing geopolitical risk may end up tempering economic growth conditions during the third quarter,»
Author: Anthony Chan
«These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated, ... Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front.»
Author: Anthony Chan
«Outside of the volatile food and energy components, we continue to see that the risk of disinflation [not be to confused with deflation] remains very much alive,»
Author: Anthony Chan
«This clearly shows that relying on the household survey's employment measure as a barometer of labor market conditions is not only risky, but also an incorrect assumption,»
Author: Anthony Chan
«The bottom line is that Wall Street will have to shave off some of its overly exuberant fourth-quarter real GDP estimates,»
Author: Anthony Chan
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