The hope is that as the war issue is resolved over the next couple of days rather than weeks, we may see another bounce back in consumer activity.
More Quotes from Anthony Chan:
While job losses may be ebbing, we have yet to see any signs of outsized hiring. This will not come ... until we transition from a slow-growing expansion to a normal economic recovery.Anthony Chan
The new-home sales market is the canary in the coal mine. Builders have a better clue as to what the right price is to move a house.
Anthony Chan
The two months of favorable data allow us to start connecting the dots. It gives us a picture of a rapidly improving labor market. I think we can categorically say we have seen a sea change in labor market environment at this time.
Anthony Chan
All the focus is on the core number. The Fed said yesterday that energy has not worked its way down to core consumer prices.
Anthony Chan
It's a wake-up call. One quarter does not make a trend, but we have to be more on our guard.
Anthony Chan
Yes, the published consensus estimate was higher, but that survey was compiled before the Chicago PM was released. After that number was released, many Wall Street investors feared that we could see a 47 or 48 reading for ISM.
Anthony Chan
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Joanna Newsom
Love is a better teacher than duty.
Albert Einstein
I support gay marriage. I believe they have a right to be as miserable as the rest of us.
Kinky Friedman