Quotes by Anthony Chan

“I still believe, and I believe this quite strongly, that the manufacturing sector will, in fact, recover. This is only one month.”

“Now companies are convinced that the expansion is getting stronger and is sustainable and they are increasing hiring to meet expected demand.”

“I think this is an important first step for the central bank. They didnt want to lower rates too aggressively for fear of sending a signal to the markets that they thought things were completely falling apart.”

“This will certainly heat up the debate at the central bank,”

“It absolutely makes tomorrows (Thursdays) Greenspan announcement as widely anticipated as the new Star Wars movie.”

“These numbers are suggesting that a future Federal Reserve tightening will be coming to a theater near you quite soon.”

“Thats a great number that basically calms a lot of the fears out there.”

“The Fed is justified in being aggressive. Were in uncharted waters here.”

“Were starting to see the savings rate pick up from near historic levels, which is very encouraging. Though we dont expect Fed tightening to work overnight, we are starting to see some of the early results of the significant tightening weve seen to date.”

“I think this employment report shows that the laws of gravity do apply to monetary policy,”