Nothing in this report tells things are running out of control.
More Quotes from Anthony Chan:
If housing is starting to weaken and manufacturing is not turning around, obviously it spells trouble for the economy.Anthony Chan
They (wages) are still not at levels we would expect at this point in an economic expansion.
Anthony Chan
There's always that danger that the Fed gets impatient here, ... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.
Anthony Chan
The key number was not the headline (overall CPI) number,
Anthony Chan
It confirms the belief that the weakness in retail sales was the result of a bunker mentality in the wake of the terrible events of Sept. 11.
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
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