Anthony Chan Quotes

With the surprise jump in new home sales and the outsized rise in existing home sales, we now see that widespread talk of the demise of our moderate economic recovery has been somewhat exaggerated.

- Anthony Chan

Tags

Surprise | Jump | Sales | Outsized | Rise |

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If they were looking purely at the fundamentals, this number would not justify an immediate tightening. But if they were certainly looking for a political excuse to raise rates, these numbers certainly give them that right and, in fact, that license to do so. - 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

The CPI report continues to be encouraging... These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do. - Anthony Chan