Anthony Chan Thinking Quotations

Anything that causes people to spend more time thinking about what they do will clearly have an impact on productivity. The good news is this is not a permanent situation -- these things have a way of clearing themselves up. But will it be completely inconsequential? I don't think so.

These numbers are essentially telling us that retail sales were artificially boosted by zero-percent financing. These numbers are not going to do anything to discourage the Fed from thinking that the balance of risk in the economy is toward weakness.