Anthony Chan Quotes

Yes, the published consensus estimate was higher, but that survey was compiled before the Chicago PM was released. After that number was released, many Wall Street investors feared that we could see a 47 or 48 reading [for ISM].

- Anthony Chan

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Published | Consensus | Estimate | Higher | Survey |

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There's a danger in being too positive, of there being a huge disconnect between how positive a policy-maker sounds and what the economy is doing... That was probably one of O'Neill's greatest shortfalls -- the dichotomy became too wide. - Anthony Chan

Despite the fact that the unemployment rate remains low relative to prior economic downturns, the burden on the unemployed population has been the most severe, by one measure, since at least 1972. - Anthony Chan

I don't have any doubt it's going to bite. The debate is whether it'll bite enough to cause a recession, and I don't think so. Because the economy remains fairly strong, it can withstand these one-two punches. If we were growing at 1 or 2 percent and we got this same one-two punches, the ref would tell everyone to go home. - Anthony Chan