Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
certainly fed less likely neutral pause percent rate
It's less likely that the Fed will pause in its tightening. A neutral rate is certainly at least 4 percent and probably a little higher. That's where we're headed.
almost certain economy-and-economics fed upbeat
It's almost certain that the Fed will be more upbeat about the economy.
activity although amount bit data difficult economic unusual weather
It's always a bit difficult to read the economic data in the winter, just because activity is thinner, and the vagaries of weather are more pronounced. So it's not unusual to see, although this is an extraordinary amount of volatility.
across activity economy hurricane looks reinforce remains strong underlying view weathered
It looks like the mid-Atlantic weathered the hurricane well. Activity rebounded smartly. It does reinforce the view that the underlying economy remains strong in the mid-Atlantic and more broadly across the country.
looks
It looks like we are in for at least a pause.
difficult
It may very difficult for them to tighten
fans growth time undermines
It undermines growth at the same time that it fans inflation.
policy tricky
So far, it's weakening, not caving. But it's been a tricky policy to deflate housing, not crater it.
employees favor fully gain healthy starting swinging
That's a healthy pickup. The pendulum, which had been fully in favor of employers, is swinging back in favor of employees. Employees are starting to gain traction.
drove growth inventory largest last powerful replace source strong year
The largest source that drove the very strong growth over the last year was this powerful replacement cycle, which is fading, ... The need to replace inventory is over.
change increase pay people prepare thinking
At best, people should prepare for no pay increase and no bonus, something they have been getting a lot of. At worst, they should be thinking they may need to change occupations.
retirement home winning
No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come.
years america hair
They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny.
law needs debt
We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.