392 Quotes by Anthony Chan
- Author Anthony Chan
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This will certainly heat up the debate at the central bank,
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By telling us that the risks are more heavily weighed towards weakness while simultaneously stating that they expect an economic recovery within the next several calendar quarters, they are revealing that they remain willing to act if they need to while also reassuring financial markets that there is no need for panic over the near term.
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If we see strong average hourly earnings, that would be bad for stocks and bonds because it puts the inflation bogey-man on the front burner.
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If housing is starting to weaken and manufacturing is not turning around, obviously it spells trouble for the economy.
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This shows the labor market in not overheated. And you can see that in, yes, not a lot of people are getting raises.
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This is actually a good report because it really tells us the economy is healthy.
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If the dollar continues to weaken at a controlled pace, it's a net positive for the U.S. economy.
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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.
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Although we should get a boost from the reduction in tax withholding along with tax rebates to lower-income taxpayers, the fear is that the persistence of poor labor-market conditions and continuing geopolitical risk may end up tempering economic growth conditions during the third quarter.
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