Anthony Chan
Anthony Chan
alive economic growth happen imagine numbers observed percent recent remains rise sluggish towards trend underlying
These numbers tell us that the underlying productivity surge observed in recent years remains alive and well. If productivity could rise by 1.1 percent during a sluggish growth environment, imagine what can happen once the U.S. reverts back towards trend economic growth.
breakout growth improvement indication job numbers telling trend
These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging,
basically coming data fears growth soft
The fears we had that growth was pretty soft and fungible are basically coming out; that's what the data are showing.
difficult foresee growth jobs rate
It's difficult to foresee a growth rate where we will find 320,000 jobs
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.
corporate earnings growing growth might wrong
Corporate earnings growth is slowing. Earnings might be growing at 9 to 10 percent, and that's still impressive. But they're going in the wrong direction.
bit coming deficit growth notion premature short support throws trade wider
The trade deficit coming in a bit wider suggests growth is going to be a lot slower. It throws more support on the notion that there is more uncertainty in the short run. But that's premature speculation.
certainly continue executing fed gives green growth industrial license light monetary prevent retail signs slow takes total whatever
This gives the Fed license to continue executing monetary policy. If they see any signs of slow growth in employment, industrial production, or retail sales, they certainly have the green light to make another cut. They have total flexibility to do whatever it takes to prevent a recession.
absolutely economy fears growing headed mean
This confirms fears that the economy was growing slowly, but it doesn't absolutely mean we are headed for a double-dip recession.
action economic emerging excitement growth reveals signs
This action really reveals the Fed's excitement with the emerging signs of economic growth we're seeing.
declining deficit economic growth loss slight
A declining deficit may be signaling a slight loss of economic growth momentum.
almost clearly growth heart miss momentum quarter rest weaker
The momentum going into 2006 is clearly healthy. We will be able to withstand weaker growth for the rest of the quarter and almost not miss a heart beat.
aggressive approach bit cold economy grow market maybe quickly rate realize stock worried
The stock market didn't want the economy to grow too quickly because they were worried about aggressive rate hikes, ... They wanted the Goldilocks approach where everything was just right. But now they realize that maybe the porridge is a bit too cold for their taste.
bite cause debate doubt economy fairly growing percent remains whether
I don't have any doubt it's going to bite. The debate is whether it'll bite enough to cause a recession, and I don't think so. Because the economy remains fairly strong, it can withstand these one-two punches. If we were growing at 1 or 2 percent and we got this same one-two punches, the ref would tell everyone to go home.