392 Quotes by Anthony Chan
- Author Anthony Chan
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Corporate earnings growth is slowing. Earnings might be growing at 9 to 10 percent, and that's still impressive. But they're going in the wrong direction.
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- Author Anthony Chan
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That's one of the reasons the futures are up now. There's a growing expectation that this CPI will be as friendly as the PPI was.
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Continuity is all but assured. The Fed has worked hard to win credibility and Greenspan is not going to throw it away in the final few months of his term.
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Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.
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That report certainly reveals the recession is not over. The gains we had in September are not sustainable and illustrate why the central bank has to continue to lower rates. At this juncture, the easing of rates basically is serving as a consumer confidence booster.
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- Author Anthony Chan
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Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
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Everyone knows that consumers cannot carry the economy indefinitely on their own, and this report provides some hope that the long-awaited capital spending recovery may not be too far off.
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The bidding fever that was present a year or so ago has all but disappeared, and that's another sign that this market is slowing.
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Recent speculation about the demise of the housing boom has been greatly exaggerated.
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