Anthony Chan
Anthony Chan
alan best bit certainly continue describe financial great greenspan inflation markets prove realize report worried worries
The best way to describe this report is 'holy cow,' ... This is a great report. We have Alan Greenspan a little bit worried about inflation and certainly the financial markets will realize that those worries certainly continue to prove to be unfounded.
average becoming earnings fed figures price start tells truly vigilant
The average hourly earnings figures were truly the spoiler of this report, ... It tells us that the Fed may now have to start becoming more vigilant about upcoming price pressures.
appetite auction foreign itself positive remain securities
The auction also showed that foreign appetite for our securities remain voracious, which in itself is another positive sign.
bit markets
It's going to make the markets a bit jittery, especially when the market is conditioned to be data-dependent.
believe quite sector
I still believe, and I believe this quite strongly, that the manufacturing sector will, in fact, recover. This is only one month.
economy sweet tells
It tells us the economy is in a sweet spot,
cause near paralysis state
It will cause something like a state of paralysis on the part of consumers, at least in the near term.
allow change connecting data environment favorable gives improving labor market months picture rapidly sea seen start
The two months of favorable data allow us to start connecting the dots. It gives us a picture of a rapidly improving labor market. I think we can categorically say we have seen a sea change in labor market environment at this time.
economic expect levels point
They (wages) are still not at levels we would expect at this point in an economic expansion.
continuing economic economy gradual gravitate looks pace though towards
It now looks as though the economy is continuing to gravitate towards a more gradual pace of economic growth.
fed lets raising
It lets the Fed feel more comfortable of raising only at a measured, and not an accelerated, pace,
difficult foresee growth jobs rate
It's difficult to foresee a growth rate where we will find 320,000 jobs
quarter
It's a wake-up call. One quarter does not make a trend, but we have to be more on our guard.
activity bit economic euphoric given january loss momentum month reflects underlying
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.