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.
More Quotes from Anthony Chan:
Today, information disperses so fast that we're reacting in nanoseconds to the news,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
The much stronger-than-expected durable goods number is significant because it comes on the heels of a sizable gain the previous month.
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.
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With the rise in the unemployment rate, it is hard to conclude that the labor market is anywhere near out of the woods.
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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.
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Based on Topics: People Quotes, Time Quotes, Unemployment QuotesDangers bring fears, and fears more dangers bring.
Richard Baxter
All we can do is be better prepared today than yesterday and better prepared tomorrow than today.
James Howell
Some ways of using our thinking are really inspiring. There are people who use their thinking to race cars. People use their thinking to build rockets to the moon. It's all just a use of your thinking.
Michael Nesmith