Anthony Chan
Anthony Chan
economy factor increased order players realizing support
A lot of players in the economy are realizing this is a sustainable expansion. That's a factor you must have in order to support increased hiring.
economy good huge likelihood react rebuilding sector starts stimulus takes
There's a very good likelihood we'll see the sector come back as rebuilding takes place and the economy starts to react to the huge stimulus in the pipeline.
plan seems stop
There seems to be no plan or inclination to stop the hikes.
best danger err fed gets governors impatient price side today wrong
There's always that danger that the Fed gets impatient here. But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.
best danger err fed gets governors impatient price side today wrong
There's always that danger that the Fed gets impatient here, ... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.
average cost percent producing product
About 70 percent of the average cost of producing a product is wages,
earnings great
That's not as great as 2003 earnings growth, but still positive.
creeping housing rates seeing
You're seeing inventories creeping up and affordability pinching more and more, and you're seeing long-term rates creeping up. All that suggests a trimming of housing activity.
administer economy-and-economics point policy time
They (Fed policy makers) know at any point of the time they may need to administer CPR to this economy.
behind curtain growth
There is not much growth behind the curtain when all is said and done.
certainly panic pause pipeline pressures report saying says slam urgency
The report is certainly encouraging. It says there's no urgency to panic about inflation. But that's not the same as saying there's justification for a pause. This is all pre-Katrina. There's enough pipeline pressures out there to say that a pause is not a slam dunk.
chipping defying fact gravity housing likely report
The report illustrates the fact that housing is not defying gravity and is not likely to do so this year. We're going to see chipping away of housing.
bigger decide downward government hit huge hurricane itself job last losses month revision trip whether
There's a huge hurricane hangover. I think the government will have to trip over itself to decide whether to have a huge downward revision to last month or whether the job losses will take a bigger hit this month.
believe energy good lacking overall power prices purchasing reason workers
This is very good news. Workers may end up getting the purchasing power they've been lacking so far. While overall prices are still rising, we have good reason to believe energy prices will be going down.