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
matters sort statistic voters
One of the things voters will have to sort out is which statistic matters more.
commodity economies japan
The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
boomer cutting kids pie small
There's just a lot more boomer kids out there, and that's cutting up the pie into very small pieces.
affect credit entire financial housing problems quickly result undermine
It would undermine the housing market, and could quickly result in credit problems that would affect the entire (American) financial system.
adjustment crops hotel maybe might occur period picked rooms time
It would take time for that to occur and during this period of adjustment -- some things might not get done -- maybe some crops won't be picked or some hotel rooms won't get cleaned.
break expect flat job jog market tech throughout
The tech job market was flat on its back throughout most of the decade. It's now back on its feet. I expect it to break into a jog this year.
date energy passed prices seen
The surge in energy prices we have seen to date will be partially passed through to consumers.
expect face good higher interest job rates somewhat workers
The tightening of the job market, while very good for workers and much deserved, argues that workers should also expect to face higher interest rates and somewhat higher inflation.
close high output profits share
Profits as a share of output are close to 10 percent. That's as high as they've ever been.
broader costs growth labor rising slowing strong
Productivity growth is slowing and it is not strong enough to forestall rising labor costs and broader inflation.
backed beverages chocolate coffee consumed consumers excess export higher prices pushing raw supplies supply wheat
Consumers will see higher prices on coffee beverages and even chocolate if the raw supplies get backed up at the ports. In agricultural products, prices of cereals and breads could decline. If we can't export the wheat and grain, then the excess supply will have to be consumed domestically, pushing down prices.
facilities gonna lots money overtime running sure triple work
And you know at these kind of prices, there's lots of money to be made. So I'm sure they're gonna work triple overtime to get their facilities up and running again.
businesses compete driven employers expanding force growing growth hire hiring opportunity pushing revenue staff wages work workers
The work force is growing not because employers are hiring a lot of new workers to staff expanding operations. The economy, in other words, is not being driven by businesses out there scouring for opportunity and revenue growth and pushing up wages as they compete to hire more workers.
accelerate clearly energy further inflation risks
The risks are clearly that inflation will accelerate further because of energy.