Anthony Chan
Anthony Chan
beginning economy gradually increase instead justify market recovering rising sharp since stock
Since the beginning of this year, the economy has been recovering gradually....In that environment, a gradually rising stock market would be justified. Instead we got a sharp decline. Can we justify this rally? Absolutely....But we can't justify a thousand-point increase every week.
cyclical difficult factors increase means power pressure pricing push reduce
More globalization means there's more pressure to increase productivity, not to reduce it. No pricing power means there's more pressure to increase productivity, not less, ... There's so much pressure to push it higher, it will be difficult for cyclical factors to push it lower.
cuts fed financial likely markets quickly raising rate rates start
More rate cuts may not be forthcoming, but the Fed is also not likely to start raising rates as quickly as financial markets expect.
competition entering labor less leverage means people
More people are entering the labor force, so there is more competition. More competition means there's less leverage for employees.
sticking toes
More and more firms are sticking their toes in the water. The recovery's begun, but it will be fragile.
bit housing mortgage precisely rates start turn
Mortgage rates will put a little bit of a brake on housing activity, ... but it may come precisely as other sectors start to turn around.
appearing bank central economic gates lowering people rates recovery somewhat start trying
Now, with the economic recovery appearing to be somewhat in place and the central bank not lowering rates, we see people trying to get in at the gates before rates start to rise.
consumer favor fed hike june next price producer tip
Next week's producer price index or consumer price index could tip the Fed in favor of a June hike if they're on the upside.
fed formulate gate looking
New Fed chairmen like to come out of the gate looking hawkish as they try to formulate their credibility. Then, they go back to looking more dovish.
report running tells
Nothing in this report tells things are running out of control.
assume chinese five generate immediate incorrect landing people seeing soft trying watching work year
People watching the Chinese trying to generate a soft landing think that, if it doesn't work in five minutes, it must not be working. We're not seeing immediate results, but I think it's incorrect to assume that, a year or a year and a-half from now, we're not going to see some of these effects. We will.
blow consumer cushion economy energy feared great helps higher hit lower means prices
Lower energy prices will cushion the blow to the economy from the higher prices so far. Psychologically, it helps the consumer and that means the hit to the economy will not be as great as feared earlier.
behind creeping federal general housing increase last market mortgage rates reserve seen several tone year
Several times in the last year we've seen mortgage rates creeping up and housing hasn't responded. Now the Federal Reserve has put some credibility behind the increase in rates. I think it set a general tone for the housing market that it'll be a lot more muted.
costs energy issue passed troubling
The only issue that is troubling is they feel some of the costs from energy are being passed on.