Anthony Chan Quotes

I think this report clearly shows that we got a hurricane bounce back. It also puts the possibility of a Fed rate hike in December back in play.

- Anthony Chan

Tags

Report | Shows | Hurricane | Bounce | Puts |

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The outsized gain in housing starts was influenced by the same variable dominating most of the other headline stats like the retail sales and industrial production, namely weather. Everyone knows that housing starts is a volatile number that generally reports wide swings. - Anthony Chan

Even though we are close to the peak and we are still going to see spurts in activity, we will eventually see the housing market slow. - Anthony Chan

You typically see, from the trough of a recession to the time when the recession ends, a 1.3-percent gain in payrolls... From when the recession likely ended, in December of last year, we've had 0.004 percent gain, instead of that 1.3 percent gain. There's a pent-up demand for labor, given such a jobless recovery. - Anthony Chan