392 Quotes by Anthony Chan
- Author Anthony Chan
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This is a report that represents judgment day for the Federal Reserve,
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- Author Anthony Chan
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If we close the borders and have less undocumented workers, it would put some upward pressure on overall wages. It's no secret business will have to pay workers more money.
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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.
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In view of the stimulus already out there, I think the Fed will finish out the year by raising rates until the end.
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Investors will be intently listening to see if he says anything that clears up what the future monetary path is likely to be,
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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.
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This rules out any Fed action until November -- or perhaps until next year.
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This is an exciting number, but it was warmer in November than usual. The warm weather is the equivalent of zero-percent financing on automobile sales. You're going to see this work itself off in months to come.
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This report was very encouraging. It gives us stronger employment growth than the market was expecting while none of negative side effects of economic growth are present, such as higher inflationary pressure from wages.
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