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
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.
fed growing signals statement
The Fed is growing more uncomfortable about inflation, ... This is a more hawkish statement and signals that more tightening is on the way.
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.
based decision economic economy firm send signal solely
If my decision were based solely on economic considerations, I would tighten again. I think the economy won't be derailed by this. I think the economy is firm and they (Fed governors) can send a signal that things are as they were.
actual capacity disruption energy excess global higher levels meant oil prices reflects related thin
If there's any disruption anywhere, actual or perceived, prices go higher -- which reflects the very thin excess capacity in the global oil market. Clearly, the record-high levels for energy prices meant a windfall for related industries.
businesses coming confident course further improve job market turning willing
Once skittish businesses are turning into confident businesses that are willing and able to hire. I think the job market will improve further in the course of the coming year.
aggressive chairman early establish fights-and-fighting greenspan side
The new chairman will want to show his inflation-fighting mettle. Early on, Chairman Greenspan was on the aggressive side to establish his credentials.
growth pick profit revenue squeeze start
If revenue growth does not start to pick up that would squeeze profit margins.
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?
begins higher inflation interest mean prices rising struggle underlying
If underlying inflation begins to percolate higher, that will mean we will have to struggle with rising prices and higher interest rates.
accounts add energy flows third
If you add up all the energy that flows through the region, it accounts for about a third of the nation's supply.