Anthony Chan
Anthony Chan
apple bit care core debate fed inflation mean numbers quo running status telling tilt
I think the (PPI and core PPI) numbers will make the Fed a bit more comfortable that the status quo is fine, ... The core PPI is the one they really care about. It's really telling us that the inflation story is not running away from us. That doesn't mean the debate won't be heated. But this number does tilt the apple cart.
action minimize numbers
I think the numbers minimize the probability of any action this year.
becomes becoming equity fed goes harshly language looking markets normal rate secondary talks
I think that if the Fed goes back to normal language about 'measured pace' (of rate hikes), it becomes a secondary story, ... It is only becoming a big story because of the uncertainty about what they were going to do. The equity markets will be looking for language here again. If it talks too harshly about inflationary pressures, it could be unfriendly for stocks.
building certainly fed looks power price pricing range relatively relax tolerable within
I think the Fed certainly looks at this as building up as pricing power on the part of companies, ... But (the price index) is still within the tolerable range for the Fed. That's not to say the Fed can relax and go on vacation, but I would say they're a relatively benign.
equity gives japan jump markets nice tail wind
I think the big jump in Japan gives a nice tail wind to the equity markets this morning.
buy lose people
If people lose their jobs, they're not going to go buy a car.
clear consumers given mostly net oil percent prices producers wealth
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.
debate expect fed given impact policy release
Given our forecast, we do not expect that this statistical release will have much impact on the policy debate when the Fed meets,
certainly clear feeling growth pressure question texas weak
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?
hoping light people report reveals tunnel
For those people hoping for a light at the end of the tunnel, this report reveals the tunnel is still under construction.
bring economy ensure given moderate rather recovery robust signs
Given the signs of recovery in the manufacturing sector, that won't bring the economy to its knees, but it will ensure that this will be a moderate rather than robust recovery.
average bad bonds front inflation puts stocks strong
If we see strong average hourly earnings, that would be bad for stocks and bonds because it puts the inflation bogey-man on the front burner.
continues controlled dollar net positive
If the dollar continues to weaken at a controlled pace, it's a net positive for the U.S. economy.
articulate financial greenspan impressive justified markets maybe views
He not only was articulate in his views, but justified his views without making financial markets balk. He was impressive, maybe not as impressive as Greenspan, but Greenspan had 18 years to practice.