Anthony Chan
Anthony Chan
actual budding control evidence exactly fear fed greatest likely lost moderate recovery shows
Going into this report, many analysts greatest fear was that the Fed may have lost some control of this budding recovery. The actual evidence shows that a moderate recovery is exactly what we are likely to get.
average believe continues earnings leading monetary overall pace report rise
The pace of average hourly earnings continues to rise at just a tepid pace leading me to believe that this overall report is a very monetary policy-friendly report.
arising gains loss month possible reflective sector service sure temporary trend truly wait
We may want to wait for another month or so to be sure that such gains were truly reflective of a upward trend and not just a possible distortion arising from the temporary 'hurricane-related' loss of many lower-paying service sector jobs,
capital early eventually healthier pave profits recovery spending stages
We may very well be in the early stages of a profits recovery that will eventually pave the way for healthier capital spending growth,
consumer growth last next outside weaker year
Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.
economic largely likelihood path recent recovery strongly suggest towards trends
Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
boom demise greatly housing recent
Recent speculation about the demise of the housing boom has been greatly exaggerated.
economic equity expansion home housing left market picking prices reason rising sale starts
Real new home sale prices and existing-home sale prices have been rising very sharply. When that starts to give way and we don't have the equity market picking up where housing left off, that's another reason the economic expansion will be gradual.
consumers costs energy higher outlets shown studies switch tend
Our own studies have shown that consumers tend to switch over to non-store outlets in times of higher energy costs .
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.
bullish fine justify line measured sound status walk
He can't sound bullish and he can't sound bearish, ... He has walk a very fine line to justify maintaining this measured status quo.