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
growth job market tech until year
This should be a year where the tech market stabilizes but I don't see job growth until 2004.
bust growth job memory seem tech
As the memory of the tech bust fades, we seem to be getting better and better job growth.
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.
boom degree few growth jobs largely next past problem process respect slightly tech time
Part of the problem that all of tech is having with respect to jobs is they significantly over-hired during the boom times and to some degree the past few years has been payback for overaggressive hiring. But I think that process is largely over and we should see slightly better job growth in tech by this time next year.
growth hiring line pause suspect top
I suspect this is a pause and we still see a resumption of top line growth and, ultimately, better hiring in tech.
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.
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.
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.
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.
growth pick profit revenue squeeze start
If revenue growth does not start to pick up that would squeeze profit margins.
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.
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.
fans growth time undermines
It undermines growth at the same time that it fans inflation.