392 Quotes by Anthony Chan
- Author Anthony Chan
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Today, information disperses so fast that we're reacting in nanoseconds to the news,
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- Author Anthony Chan
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When the economy is booming and you want to hire new workers, you have to attract them with money. Today, all you have to offer is a job.
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For the moment, the market is celebrating because the announcement removes uncertainty.
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Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.
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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.
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When the economy hits rough spots, gridlock is not good.
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Although the BLS failed to provide an estimate of what the hurricane did to this report, my research does show that in nine out of the last 10 largest hurricanes, payrolls softened by an average of 120,000,
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For the equity market, this is somewhat good news because certainly (the report) is an important button for the Federal Reserve to see if its policies are working and that housing is slowing down, as it would be expected to do so, with all the hikes in short-term interest rates.
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Unfortunately, I don't think it's a job for Alan Greenspan.
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