Anthony Chan React Quotations

Even though I don't think one number is going to change the Federal Reserve's mind, the markets react to data as it comes out and these numbers were not inflation friendly.

As the equity markets react positively to this change, we get a bit of a positive wealth effect which in turn should induce higher consumer spending.

Inflationary pressures are starting to percolate --and the Federal Reserve is going to react to this.

There's a very good likelihood we'll see the sector come back as rebuilding takes place and the economy starts to react to the huge stimulus in the pipeline.