Anthony Chan
Anthony Chan
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.
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.
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.
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.
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.
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.
central certainly debate heat
This will certainly heat up the debate at the central bank,
labor market people shows
This shows the labor market in not overheated. And you can see that in, yes, not a lot of people are getting raises.
economic fear growth guess hear higher inflation insure interest listen lower rates return
When you listen to Greenspan's speech, you hear a fear about the sustainability of economic growth and no inflation pressures. Guess what that spells? Lower interest rates and postponing a return to higher rates, to insure the sustainability of growth.
bad fed hope numbers rays road
When you have a long road to travel, you don't take too many breaks. You just keep on going. We're one or two bad numbers away from reassessment of Fed policy, but we're not there yet. Yes, this number is weak, and yes, it's disappointing, but there are some rays of hope in here.
data gain hard homes looks month percent purchases reported reveal
When one looks at the MBA data that reveal that applications for the purchases of new homes are down 7.5 percent on a year-over-year basis, it is not hard to see that the gain reported this month is not a sustainable trend.
beating beginning bullet collapsing continue dodge eventually happen impact market month negative next rates rising sure
We will eventually see the negative impact of rising rates -- we can't dodge that bullet -- but doesn't usually happen at the beginning of the cycle. I'm not sure we will continue to see the market beating expectations by these margins, but I don't see the market collapsing in the next month or so.
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We will continue on this jobless path, where we're not creating enough jobs to make a real difference to the economy, for at least another six to nine months.
action fed next november perhaps rules until
This rules out any Fed action until November -- or perhaps until next year.