Quotations
Famous Quotations
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Anthony Chan Quotes
«The number tells me a recession is coming, but it will be relatively mild in the wake of all the stimulus coming. But I would caution investors not to be so complacent as to think this could be bottom. It's going to be a lot uglier in the fourth quarter.»
Author: Anthony Chan
«Given the strong fervor for doing something quickly to help the economy, given that [Fed Chairman Alan] Greenspan has said repeatedly that monetary policy is more effective at helping the economy in the short run than fiscal policy, Greenspan will push aggressively for a half-percentage-point cut.»
Author: Anthony Chan
«There's no inflationary pressure whatsoever.»
Author: Anthony Chan
«Today's comments will go a long way to dispelling the idea that the Fed is in a rush to raise short-term interest rates.»
Author: Anthony Chan
«It confirms the belief that the weakness in retail sales was the result of a bunker mentality in the wake of the terrible events of Sept. 11.»
Author: Anthony Chan
«Certainly, we see some encouragement. We see an economy that's still weak... but not falling off the cliff. The notion that we're not going to have a recession is confirmed by these numbers.»
Author: Anthony Chan
«It puts a little more pressure on the Fed to be somewhat moderate. If the Fed [cuts rates Wednesday by half a percentage point], [the data] put a little pressure on them to make this either their last or close to their last cut of the cycle.»
Author: Anthony Chan
«I think it's fair to say it'll be the least important or most distorted jobs report in memory. Maybe both.»
Author: Anthony Chan
«a level of optimism that was not dented as much as one would have expected by Hurricane Katrina.»
Author: Anthony Chan
«Usually the devil is in the details. With this report, the greatest fear is that details of true labor market conditions will be found over the next couple of months instead of in this report.»
Author: Anthony Chan