Anthony Chan Quotes

This report supports Greenspan's rosy economic view that the economy is likely to continue to grow unabated this quarter thereby justifying continued increases in short-term rates.

- Anthony Chan

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Report | Supports | Rosy | Economic | View |

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Certainly, we see some encouragement. We see an economy that's still weak... but not falling off the cliff. The notion that we're not going to have a recession is confirmed by these numbers. - Anthony Chan

Real new home sale prices and existing-home sale prices have been rising very sharply. When that starts to give way and we don't have the equity market picking up where housing left off, that's another reason the economic expansion will be gradual. - Anthony Chan

[Retailers] won't make up the sales in two weeks... but over the next month they may make up at least half to three-quarters of the sales in the form of some discounting. - Anthony Chan