Anthony Chan Quotes


You've got to ask yourself, will we have another 100-to-150 basis-point decline in mortgage rates? ... I would say that's a stretch, so it's not going to be a reliable source of funds for consumers -- we'll need to see the economy turning around. - 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



Yields at the auction came at levels that were not lethal to the stock market. Overall, it is somewhat encouraging for equities. - Anthony Chan



Yes, the published consensus estimate was higher, but that survey was compiled before the Chicago PM was released. After that number was released, many Wall Street investors feared that we could see a 47 or 48 reading [for ISM]. - Anthony Chan