To the extent that consumer sentiment reacts to movements in the unemployment rate rather than the meager increase in non-farm payrolls, we have to take this ... report as delivering good news to the troops.
More Quotes from Anthony Chan:
He can't sound bullish and he can't sound bearish, ... He has walk a very fine line to justify maintaining this measured status quo.Anthony Chan
These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging.
Anthony Chan
There's always that danger that the Fed gets impatient here, ... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.
Anthony Chan
The trade deficit coming in a bit wider suggests growth is going to be a lot slower. It throws more support on the notion that there is more uncertainty in the short run. But that's premature speculation.
Anthony Chan
More people are entering the labor force, so there is more competition. More competition means there's less leverage for employees.
Anthony Chan
That report certainly reveals the recession is not over. The gains we had in September are not sustainable and illustrate why the central bank has to continue to lower rates. At this juncture, the easing of rates basically is serving as a consumer confidence booster.
Anthony Chan
Readers Who Like This Quotation Also Like:
Based on Topics: Unemployment QuotesBased on Keywords: non-farm
We are a weird bunch, we are very disparate.
Ed OBrien
But to do this kind of work, you have to be very strong, otherwise you lose your personality, your identity.
Claudia Cardinale
Elephants can live to an age of up to 70 or 80 years and they have a good memory. It could be they come across an area that is experiencing a drought. Then they continue on their path and run into people.
Richard Leakey