Anthony Chan
Anthony Chan
economy finding offering pain potential showing signs statistics time
There is a lot of pain, and if anything these statistics are understating the pain, ... At the same time the economy is showing some potential signs of improvement, you're not finding a lot of firms offering jobs.
catch component expansion jeopardy jump orders racing recovery
The orders component should jump out and catch your eye. We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.
catch component expansion jeopardy jump orders racing recovery
The orders component should jump out and catch your eye, ... We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.
decade earnings economic following looks mirror moderate poised recovery shallow short
The recovery of 2002 looks poised to mirror the recovery of a decade ago, with a moderate economic and earnings recovery following a short and shallow recession.
bankers central dream recovery therefore
The recovery is proceeding, but gradually, and that's actually healthy. It's the kind of recovery central bankers dream of -- gradual, not explosive, and therefore long-lasting and sustainable.
decline energy expect low lower
This was low because of lower energy prices. I don't think that's a decline we can expect to continue.
consensus june number seal tip towards
This week's CPI will seal (the Fed's decision). If we get a number at consensus or a little above, that'll tip it towards a June increase.
consensus june number seal tip towards
This week's CPI will seal (the Fed's decision), ... If we get a number at consensus or a little above, that'll tip it towards a June increase.
both fiscal help monetary past period seen stimulus time
What's different this time is that there is a lot more stimulus now than any time in the past 50 or 60 years. I've never seen a period with so much help from both the fiscal and monetary side.
companies competition fairly giving global passing preventing protection slowing though
What is giving us protection is all the global competition that we have. That is preventing companies from passing on most of the costs. Even though productivity has been slowing down, it's still fairly significant.
bit ease easing economic expansion growth remains tells though trajectory
What it tells us is that we may see a bit of an easing off of economic growth or momentum. But even though the trajectory of growth may, in fact, ease a bit in 2006, I think the expansion remains intact.
almost bad economy energy inflation lose news offers outlook prices rise
Essentially, the energy prices outlook offers almost a lose, lose scenario. Bad news for inflation if they rise and bad news for the economy if they rise too much.
clear crystal low mortgage purchase sales starting supporting taken
We see the slowdown crystal clear in the MBA purchase index, and it's starting to show up in monthly sales data. The one thing that was supporting the market, low mortgage rates, is being taken away.
apparel climate energy high labor likely overall played prices role soft weather
While weather played a role in soft apparel sales, the high energy prices impacted overall sales. Net-net, the climate is likely to get better with improvements in the labor market.