The momentum going into 2006 is clearly healthy. We will be able to withstand weaker growth for the rest of the quarter and almost not miss a heart beat.
More Quotes from Anthony Chan:
One thing to keep in mind is that Challenger's numbers are not seasonally adjusted. Therefore, when you make comparisons, you really have to make them on a year-to-year basis,Anthony Chan
That's not as great as 2003 earnings growth, but still positive.
Anthony Chan
Given the strong fervor for doing something quickly to help the economy, given that Fed Chairman Alan Greenspan has said repeatedly that monetary policy is more effective at helping the economy in the short run than fiscal policy, Greenspan will push aggressively for a half-percentage-point cut.
Anthony Chan
These figures strongly suggest that the labor market recovery train is still not even at the train station as of yet.
Anthony Chan
Consumer prices are really what you have to worry about, ... In the consumer price index, there seems to be some extreme resiliency on the service side, which is much larger than the goods side. There's no deflation on the service side.
Anthony Chan
They (wages) are still not at levels we would expect at this point in an economic expansion.
Anthony Chan
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