490 ordspråk av Anthony Chan
Anthony Chan
The most important factor [in this survey] is labor market, labor market, labor market.
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The movement in labor market conditions is a lot more important than the movement in energy prices. Only when labor market conditions are deteriorating have we historically seen that energy prices have an impact.
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The much stronger-than-expected durable goods number is significant because it comes on the heels of a sizable gain the previous month,
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The much stronger-than-expected durable goods number is significant because it comes on the heels of a sizable gain the previous month.
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The much weaker-than-expected rise in payrolls truly confirms the cautious demeanor expressed by various Federal Reserve policy officials.
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The new-home sales market is the canary in the coal mine. Builders have a better clue as to what the right price is to move a house.
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The number tells me a recession is coming, but it will be relatively mild in the wake of all the stimulus coming. But I would caution investors not to be so complacent as to think this could be bottom. It's going to be a lot uglier in the fourth quarter.
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The only issue that is troubling is they feel some of the costs from energy are being passed on.
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The orders component should jump out and catch your eye, ... We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.
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The orders component should jump out and catch your eye. We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.
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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.
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The overall total of nominal sales is likely to remain somewhat weak.
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The overall trend is that we're making progress,
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The overall weakness was so pervasive that it would be silly to completely dismiss the devastating weakness of this report.
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The pace of average hourly earnings continues to rise at just a tepid pace leading me to believe that this overall report is a very monetary policy-friendly report.
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