I think this employment report shows that the laws of gravity do apply to monetary policy,
More Quotes from Anthony Chan:
I think the markets probably overreacted when the Federal Reserve first moved toward a neutral operating directive, ... When Alan Greenspan spoke this time, I think the reality set in and that is, yes, the central bank has a neutral directive, but it's more like an ultra-right (hawkish) form of neutral directive. ... Any time they get an excuse to raise rates, they're going to take it.Anthony Chan
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.
Anthony Chan
Our own studies have shown that consumers tend to switch over to non-store outlets in times of higher energy costs .
Anthony Chan
This will be a positive contribution to consumer confidence. It's too early to jump up and say things are completely turned around, but for the moment, it buys us more time.
Anthony Chan
Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
Anthony Chan
Given our forecast, we do not expect that this statistical release will have much impact on the policy debate when the Fed meets,
Anthony Chan
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Based on Topics: Law & Regulation QuotesAnd I used to go the punk clubs such as a gay club in Poland Street that everyone would go to because it was the only place you could go to looking like that without getting beaten senseless.
Gary Numan
Where there is no law, but every man does what is right in his own eyes, there is the least of liberty.
Henry Martyn Robert
Meet some people who care about poetry the way you do. You'll have that readership. Keep going until you know you're doing work that's worthy. And then see what happens. That's my advice.
Philip Levine