Anthony Chan Quotes

For those people hoping for a light at the end of the tunnel, this report reveals the tunnel is still under construction.

- Anthony Chan

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People | Hoping | Light | Tunnel | Report |

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What investors should realize is that the hostesses have been recruited to start removing the punch bowls from all Fed reception rooms and will soon be out full in force and ready to continue raising short-term rates well into 2003. - Anthony Chan

Given our forecast, we do not expect that this statistical release will have much impact on the policy debate when the Fed meets. - Anthony Chan

The sharper-than-expected PPI decline will undoubtedly raise the stress level of [Federal Reserve officials] at the next policy meeting since it tells us price trends are moving dangerously in the wrong direction... The only consolation, however, is that this report was dominated by energy price declines. Outside of the food and energy price components, price trends appear to be stabilizing. - Anthony Chan