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Letter "A" » Anthony Chan Quotes
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«Consumers at this juncture are fighting the forces of the economic slowdown with patriotism, ... As economic conditions continue to deteriorate, this challenge will become greater.»
Author: Anthony Chan
«We had economic growth of 8.3 percent in [the fourth quarter] of 1999, and a lot of business plans were based on that oversized growth, ... When you make capital spending plans based on that kind of economic growth, you're going to get a lot of problems.»
Author: Anthony Chan
«There's no question these higher mortgage rates will take some of the shine off the resiliency in the housing market,»
Author: Anthony Chan
«[But] one should not assume that projecting the end of a recession automatically implies robust economic growth, ... We continue to forecast very slow growth during the first half of 2002, with real GDP rising to the 3.0 to 3.5 percent growth range during the second half of the year.»
Author: 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.»
Author: Anthony Chan
«The CPI report continues to be encouraging, ... These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.»
Author: Anthony Chan
«When you listen to Greenspan's speech, you hear a fear about the sustainability of economic growth and no inflation pressures, ... Guess what that spells? Lower interest rates and postponing a return to higher rates, to insure the sustainability of growth.»
Author: Anthony Chan
«This action really reveals the Fed's excitement with the emerging signs of economic growth we're seeing,»
Author: Anthony Chan
«Based on these trends, it is not too difficult to conclude that the average consumer is probably a bit overextended from a credit standpoint,»
Author: Anthony Chan
«The orders component should jump out and catch your eye, ... We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.»
Author: Anthony Chan
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