Anthony Chan
Anthony Chan
lower prepared sign tells
I still don't think they'll lower rates, but this tells me they're prepared to lower them at the first sign of trouble.
coming control core declining energy everybody fed figure gradual knows line move number pace plan prices rate tells
Everybody knows energy prices are out of control. But to see the core number coming in line with expectations and the year-over-year figure actually declining tells me the Fed is back on plan to move at a gradual pace (of rate increases.)
report running tells
Nothing in this report tells things are running out of control.
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.
caution complacent fourth investors mild number recession relatively stimulus tells uglier wake
The number tells me a recession is coming, but it will be relatively mild in the wake of all the stimulus coming. But I would caution investors not to be so complacent as to think this could be bottom. It's going to be a lot uglier in the fourth quarter.
average becoming earnings fed figures price start tells truly vigilant
The average hourly earnings figures were truly the spoiler of this report, ... It tells us that the Fed may now have to start becoming more vigilant about upcoming price pressures.
economy sweet tells
It tells us the economy is in a sweet spot,
economy labor markets tells time
It really tells us the economy is healthy, and at the same time we don't see that labor markets are overheating at an accelerating pace.
afford bigger economy growth healthy hit momentum quarter second tells underlying
It's a healthy development. It tells us the underlying momentum of the economy was stronger, so we can afford to take a bigger hit in the second quarter and still have respectable growth for the year.
average decline employment general immediate indicator labor leading length pattern tells weakness week work
The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.
economy good report tells
This is actually a good report because it really tells us the economy is healthy.
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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.