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
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.
bust growth job memory seem tech
As the memory of the tech bust fades, we seem to be getting better and better job growth.
areas combined conditions country enjoying falling few less point result rising values wonderful
At some point you will get a combination of falling values combined with rising payments on adjustable mortgages, which will result in more bankruptcy. For these areas of the country that are enjoying such wonderful conditions right now, it will become much less wonderful a few years down the road.
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.
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.
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.
across loans markets
Most of the loans are concentrated in the most juiced-up markets across the country.
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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.
became cautious consumers deficit economy energy growth higher indicate quarter second trade weighed
It does indicate that the second quarter was a disappointing quarter, ... Growth slowed sharply. Consumers became more cautious and our trade deficit ballooned. The economy was weighed down by higher energy prices.
decidedly depends effects few likely negative next time year
It depends on your time frame. For the next few months, it's decidedly a negative event. But in a year or so, the effects will likely have faded.
concern economy hit oil since
I thought oil would have been a concern since it hit $40 but the economy has digested it well,
continue stick
I think they're going to stick to their script, that they're going to continue to tighten at each meeting.