clear evidence that this sector will not continue rising forever.
More Quotes from Anthony Chan:
We may want to wait for another month or so to be sure that such gains were truly reflective of a upward trend and not just a possible distortion arising from the temporary 'hurricane-related' loss of many lower-paying service sector jobs,Anthony Chan
This is a report that represents judgment day for the Federal Reserve,
Anthony Chan
We will see a moderation but not a collapse in consumer spending,
Anthony Chan
Real new home sale prices and existing-home sale prices have been rising very sharply. When that starts to give way and we don't have the equity market picking up where housing left off, that's another reason the economic expansion will be gradual.
Anthony Chan
Even when people thought the economy would collapse because of the hurricane, it didn't.
Anthony Chan
To the extent that consumer sentiment reacts to movements in the unemployment rate rather than the meager increase in non-farm payrolls, we have to take this ... report as delivering good news to the troops.
Anthony Chan
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