The initial knee jerk reaction was a powerful rally in the morning. As cooler heads prevail, it's clear it's still a positive for equities, but the question is whether it is strongly positive or mildly positive.
More Quotes from Anthony Chan:
What this does is basically vindicate Greenspan's policy. In 2000, we're going to see more of a gradualist policy.Anthony Chan
I think it's fair to say it'll be the least important or most distorted jobs report in memory. Maybe both.
Anthony Chan
Now, with the economic recovery appearing to be somewhat in place and the central bank not lowering rates, we see people trying to get in at the gates before rates start to rise.
Anthony Chan
Futures are down this morning, feeling the pressure of Texas Instruments' weak forecast. Now it is clear that growth is certainly going to slow. The question is, by how much
Anthony Chan
Nothing in this report tells things are running out of control.
Anthony Chan
There doesn't seem to be any real urgency for firms to start hiring, precisely at a time we're seeing a reemergence of people becoming interested in looking for a job, ... Put the two together, and you have a formula for higher unemployment.
Anthony Chan
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The unutterable violence of the Holocaust shook our confidence in the possibility of telling any story of faith at all.
Timothy Radcliffe