Anthony Chan Quotes

There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that.

- Anthony Chan

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Question | Recovery | Longer | People | Thought |

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That's still not up to par, still not what people expected at this point in the recovery. - 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

The bottom line is, the labor market is going to continue to show further deterioration, not because it's getting worse, but because of mechanics. As the unemployment rate gets higher, the consumer is going to consider that. - Anthony Chan