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
attract boils capital crash difficult dollar factor fed global help interest loosen policy puts sentiment support
If protectionist sentiment boils over, that could be a precipitating factor for the dollar. In a dollar crash scenario, it puts the Fed in a particularly difficult spot. Do they tighten policy (raise interest rates) to attract global capital or do they loosen it to help support the economy?
companies earnings environment growth harder investors produce profits slower solid valuing
Investors are anticipating measurably slower profits growth. As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.
companies earnings environment growth harder investors produce profits slower solid valuing
Investors are anticipating measurably slower profits growth, ... As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.
few gas next pay people prices record
In the next few months, there's no upside. And this winter, we're going to feel it more noticeably as people pay record gas prices and record home-heating bills.
absence assume default growth job layer second
In the absence of a second layer of information, we all assume the job growth is from hiring. It is our default position.
economy economy-and-economics fault greenspan housing indeed line undermine worried
Housing is a fault line in the economy that Greenspan is indeed worried about, but he doesn't think a housing (slowdown) will undermine the expansion.
further housing months sales
Housing has peaked. And all indications are that sales will weaken further in the months ahead.
coming economic economy-and-economics gain growth low paints picture solid strength strongest together weakest
Housing, the strongest part of the economy, is still booming, and manufacturing, the weakest part, should gain strength in coming months. Put it all together and it paints a pretty economic picture of solid growth and low inflation.
continuing count downs energy food prices related ups warm weight winter
I don't really put too much weight on the big ups and downs in the energy prices. And food prices also fell. That probably is related to the warm winter weather, and we can't count on that continuing for very long, either.
decline depend home increase months next result weather
Gasoline, home heating prices, they are very volatile. Some months they're up, some months they're down. They depend on the vagaries of the weather ? It's warm, it's cold. The big decline I think will result in a big increase next month.
coast moving people
In Florida, people are moving up the coast
growing inflation low pick signs starting
Inflation is still low and modest, but there are growing signs that it is starting to pick up.
bubble correction greenspan large stronger
If Greenspan had been stronger in his views, then the bubble would not have been as large and the subsequent correction not as severe.
adjustment came disrupt economy-and-economics goods higher illegal lead literally major prices
If illegal immigration came to a standstill, it would disrupt the economy. It would lead to higher prices for many goods and services, and some things literally would not get done. It would be a major adjustment for our economy, for sure.