Anthony Chan Slow Quotations

Yes, the economy was slow and would have come within a hair's distance of a recession. But Sept. 11 was the fatal blow to the economy this year. That probably will be the most important market and economic event of the year.

Our analysis suggests the pace of consumer spending is likely to slow in the near-term future,

This gives the Fed license to continue executing monetary policy. If they see any signs of slow growth in employment, industrial production, or retail sales, they certainly have the green light to make another cut. They have total flexibility to do whatever it takes to prevent a recession.

The labor market seems to be improving, but still at such slow pace, it's probably too early to start celebrating.

The unemployment rate is picking up, but it's picking up at a very slow pace,