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Anthony Chan Quotes
«The overall trend is that we're making progress,»
Author: Anthony Chan
«There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that.»
Author: Anthony Chan
«I think the numbers minimize the probability of any action this year.»
Author: Anthony Chan
«These numbers confirm the notion that consumer spending, which has been so resilient, is under some threat. With investor sentiment so weak and the labor market continuing to deteriorate, consumer confidence had only one way to go -- lower.»
Author: Anthony Chan
«This rules out any Fed action until November -- or perhaps until next year.»
Author: Anthony Chan
«The trade deficit coming in a bit wider suggests growth is going to be a lot slower. It throws more support on the notion that there is more uncertainty in the short run. But that's premature speculation.»
Author: Anthony Chan
«This puts to rest any question of whether or not we're going to have an explosive recovery. We're clearly not.»
Author: Anthony Chan
«There's no question that what's happening in the stock market is going to hurt consumer spending. The only thing helping us is the performance of housing.»
Author: Anthony Chan
«It's unreasonable to expect that the information we have so far could justify another cut right now. We need to see more evidence the economy is headed for much slower growth in the months ahead.»
Author: Anthony Chan
«These numbers are essentially telling us that retail sales were artificially boosted by zero-percent financing. These numbers are not going to do anything to discourage the Fed from thinking that the balance of risk in the economy is toward weakness.»
Author: Anthony Chan