Anthony Chan
Anthony Chan
analysis consumer likely pace slow spending
Our analysis suggests the pace of consumer spending is likely to slow in the near-term future,
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.
continue continued economic economy grow increases justifying likely quarter report supports thereby view
This report supports Greenspan's rosy economic view that the economy is likely to continue to grow unabated this quarter thereby justifying continued increases in short-term rates.
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.
ahead economic likely pillar provide recovery support view year
This would provide another pillar of support for the view that the economic recovery in the year ahead is likely to be gradual,
likely overall remain sales somewhat total
The overall total of nominal sales is likely to remain somewhat weak.
current employment faster growth likely trend until
We are not likely to see faster employment growth until the current growth trend in productivity slows significantly.
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.
auto despite disappear fact fell happen incentives likely limited question raises sales
I think it was interesting that sales fell despite the fact that we had limited auto incentives in November. It raises the question of what is likely to happen once these incentives disappear entirely.
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.
although change corporate inflation issue likely major overall positive pricing view
The lackluster change validates the Fed's view that inflation is not likely to be a major overall issue in 2004. Although this bodes well for policy, it is not a positive for corporate pricing power.
continue fed likely raise rates year
The Fed is likely to continue to raise rates for much of the year 2005.
clears future investors likely listening monetary path says
Investors will be intently listening to see if he says anything that clears up what the future monetary path is likely to be,
december demand gain given instead last likely percent recession time
You typically see, from the trough of a recession to the time when the recession ends, a 1.3-percent gain in payrolls, ... From when the recession likely ended, in December of last year, we've had 0.004 percent gain, instead of that 1.3 percent gain. There's a pent-up demand for labor, given such a jobless recovery.