Anthony Chan
Anthony Chan
collapse consumer moderation
We will see a moderation ? but not a collapse ? in consumer spending,
demise economic existing home jump moderate recovery sales somewhat surprise talk widespread
With the surprise jump in new home sales and the outsized rise in existing home sales, we now see that widespread talk of the demise of our moderate economic recovery has been somewhat exaggerated.
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.
although employment evidence gradual moderate months provides recovery report resembling stronger support
Although today's employment report provides little evidence of anything resembling a double-dip recovery, it does provide stronger support for the onset of a gradual to a moderate recovery in the months ahead.
balanced best chance coming economy moderate recovery since turning
This is an economy coming back, but it's going to be a moderate recovery. But we should not despair, since a balanced recovery has the best chance of turning into a longer-lasting recovery.
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.
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.
agreement although bit certainly early mode outcome recession remains rest sector universal
If the manufacturing sector remains mired in a recession mode for too long, it may be signaling the same for the rest of the economy. Although it may be a bit too early to make that assessment, there should be universal agreement that the ISM outcome certainly does not bode well for the rest of the economy.
circumstance early fed lows move moving prepared rates require seen since
What the Fed showed was that extraordinary circumstances require an extraordinary strategy. Not only are they moving rates to lows not seen since the early '60s, they're prepared to move them a lot lower.
bad coming creating employment few news percent
We will see more bad news on the employment front. We see unemployment going to 6.1 percent or 6.2 percent before it's over; no way are we going to see that coming down while we're creating so few jobs.
claims confirm fact improve notion numbers sometime
These claims numbers confirm the notion that things may improve sometime in the future. The fact that we didn't go over 400,000 was very encouraging.
boost current economic energy low overall positive prices results serve suggest
These results suggest that the current low energy prices should serve as an important and positive boost to overall economic growth.
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.
continued despite fed greenspan improvement inclined labor latest market might move neutral remain risks small suggest testimony towards
The small improvement in labor market conditions, despite the continued risks that remain on this front, do suggest that even with all the caveats that Greenspan echoed in his latest testimony ... the Fed might be inclined to move towards a neutral risk bias.