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
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Trade is far and away the largest weight on the U.S. economy at present. This is a risky time.
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The overall CPI does not reflect the inflation most seniors face.
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We'll see how much of a free trader
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The data is going to look ugly in the next couple of months.
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A lot of things have to come together to make my forecast of a slowing current account deficit come true.
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They don't have Greenspan's practical edge to them, but they all have academic and government policy experience. I hesitate to say they won't live up to Greenspan, but that would be hoping for an awful lot.
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At best, people should prepare for no pay increase and no bonus, something they have been getting a lot of. At worst, they should be thinking they may need to change occupations.
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There needs to be continued and significant further revaluation of the yuan.
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This is a similar point in the business cycle to when Greenspan took over the reins of the Fed. And of course he was tested right away with the 1987 stock market crash.
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This is a significant economic event. This is much more substantial than any other natural disaster that the U.S. has experienced.
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This is going to keep energy markets on a razor's edge for the rest of the year,
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This is a pay back for the aggressive discounts consumers were offered to buy cars during the summer.
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This issue is a global fault line that will get exposed if all the Asian nations don't allow their currencies to appreciate vis-a-vis the dollar.
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The unleashing of business pent-up demand will ensure that the U.S. economy's recovery will continue, but the unwinding of consumer spent-up demand will ensure that it won't come roaring back,