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Letter "M" » Mark Zandi Quotes
«If Greenspan had been stronger in his views, then the bubble would not have been as large and the subsequent correction not as severe.»
«The economy hit a pot hole in the fourth quarter. I'm not at all worried about the health of the economy.»
«The Fed chair doesn't matter a lot to the average person in normal times. He matters an awful lot when things aren't going well -- when the financial markets freeze, or there's a 9/11 or Y2K or Iraq war. When people lose confidence, the Fed chairman is vital to restoring confidence and ensuring functioning financial markets and economy.»
«Consumer spending growth will moderate, but it won't impede the current pace of economic expansion.»
«Broadly speaking, the economy is in a pretty good place. But it's no longer obvious what the next step should be. Now it gets a lot more complicated.»
«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.»
«This is a significant economic event. This is much more substantial than any other natural disaster that the U.S. has experienced.»
«Housing will continue to cool.»
«Trade is far and away the largest weight on the U.S. economy at present. This is a risky time.»
«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.»