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
bursting housing mortgage rates rise slow store
I think what we have in store is a slow deflating of the housing bubble, not a bursting of the bubble. But if mortgage rates rise more sharply than I am expecting, then the downturn in housing could be more severe.
euphoria housing likely scenario slowly
I think the most likely scenario is that housing euphoria slowly deflates but doesn't burst.
growing growth higher likely prices slow slower threat
Most likely the higher prices will slow growth, ... But there is the growing threat that we get a combination of slower growth and higher inflation.
difficult few pace rate seems slowing technical
The rate of technical change, which is the most difficult thing to measure, seems to be slowing from the unprecedented pace of a few years ago.
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.
account current deficit forecast slowing together
A lot of things have to come together to make my forecast of a slowing current account deficit come true.
err growth higher hit inflation interest pain rate side slower
Ultimately, if you err on the side of being dovish it will only come with more pain from slower growth. The hit to growth would be more substantial from higher inflation than from interest rate hikes.
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.
decision higher level regarding since year
I think they will tighten, but there is a much higher level of uncertainty regarding this decision than at any one since they started over a year ago.
curve message overly understand watch yield
I think the message in this inverted yield curve is muddled. I think it is something to watch and to understand better. But I am not overly concerned.
consumer effects gas homes money overall people pull spending
People are able to pull money out of their homes and put it into their gas tanks. So the overall effects on consumer spending have been small.
economy remains tough underlying
We don't get away scot-free, but the underlying economy remains tough and sturdy.
car drive heat home spend
You are going to spend more to drive your car and to heat your home.