392 Quotes by Anthony Chan
- Author Anthony Chan
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I think the risk is the downside, not the upside, ... I think the markets are fairly nervous about the prospects for growth. They're going to be dissecting the number. If we have slower than expected consumer spending and stronger than expected inventory growth, that's not going to bode well for the next quarter or so.
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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.
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- Author Anthony Chan
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As the equity markets react positively to this change, we get a bit of a positive wealth effect which in turn should induce higher consumer spending.
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I think there were some significant fears that the CPI could come in above 0.2 percent. Given what we read in the Federal Reserve minutes, there was no room for error on core in the eyes of the market.
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- Author Anthony Chan
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Even when people thought the economy would collapse because of the hurricane, it didn't.
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As the economy gains traction, we'll have demand increasing. And if we have supply contracting, it's a deadly mix. We will end up stunting any potential recovery.
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Last weekend, I filled up my tank and I spent $80, ... And that was just my lawn mower.
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- Author Anthony Chan
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That's still not up to par, still not what people expected at this point in the recovery.
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People are, in fact, a little bit nervous.... People have realized there is a little bit of risk in the equity market.
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