Anthony Chan Expected Quotations

I think the risk is the downside, not the upside, ... I think the markets are fairly nervous about the prospects for growth. They're going to be dissecting the number. If we have slower than expected consumer spending and stronger than expected inventory growth, that's not going to bode well for the next quarter or so.

Now companies are convinced that the expansion is getting stronger and is sustainable and they are increasing hiring to meet expected demand.

That's still not up to par, still not what people expected at this point in the recovery.

Higher mortgage rates are having the expected impact on the housing market.

For the equity market, this is somewhat good news because certainly (the report) is an important button for the Federal Reserve to see if its policies are working and that housing is slowing down, as it would be expected to do so, with all the hikes in short-term interest rates.

a level of optimism that was not dented as much as one would have expected by Hurricane Katrina.