Anthony Chan Sentiment Quotations

To the extent that consumer sentiment reacts to movements in the unemployment rate rather than the meager increase in non-farm payrolls, we have to take this ... report as delivering good news to the troops.

With sentiment under considerable short- and long-term pressure, we know that 2002 is not going to be anything like 2001 for the consumer.

These numbers confirm the notion that consumer spending, which has been so resilient, is under some threat. With investor sentiment so weak and the labor market continuing to deteriorate, consumer confidence had only one way to go -- lower.