This terrible tragedy is certain to severely dampen consumer confidence and hence have the possibility of shutting down the consumer.
More Quotes from Anthony Chan:
Given that we import more than 50 percent of our oil consumption from abroad, it is clear that as these prices rise, we are essentially transferring net wealth from U.S. consumers to oil producers that are mostly located overseas.Anthony Chan
This is a sign that the housing market is not exempt from the laws of gravity,
Anthony Chan
Even though, internally, I think they are probably debating it, it's just too early to make an announcement to publicize that debate.
Anthony Chan
Yes, the published consensus estimate was higher, but that survey was compiled before the Chicago PM was released. After that number was released, many Wall Street investors feared that we could see a 47 or 48 reading for ISM.
Anthony Chan
This report was very encouraging. It gives us stronger employment growth than the market was expecting while none of negative side effects of economic growth are present, such as higher inflationary pressure from wages.
Anthony Chan
Today's Fed rate cut and directive clearly reflects the fact that the Fed is coming to the end of its rainbow and therefore wants to ensure that it still can convince financial markets that it still has further flexibility to do more if it needs to.
Anthony Chan
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Keenen Ivory Wayans
We will never win this war until we understand the effect that Guantanamo Bay has had on the overall war effort. And we'll never get the support of the American people if we can't prove to them that these folks that we're dealing with are not common criminals. We're going to keep them - keep you safe from them.
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You know, my friends, with what a brave carouse I made a Second Marriage in my house; favored old barren reason from my bed, and took the daughter of the vine to spouse.
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