234 Quotes by Mark Zandi
- Author Mark Zandi
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Some 20 percent of the nation's refining capacity seems to be right in Rita's path. If that gets disrupted at all, then gasoline, jet fuel, natural gas and home heating oil will surge higher.
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Confidence is a key part of what's happening in the economy and the market. You shouldn't underestimate the importance of symbolic moves like these.
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That's right where the Fed would like to see it, ... It would take a good year of that level of monthly growth before the job market tightens to the degree where inflation concerns would become more paramount.
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- Author Mark Zandi
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One of the things voters will have to sort out is which statistic matters more.
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It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.
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My sense is, there will be more inflationary pressures going forward.
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It's not a question of whether businesses can expand; it is a question of their willingness.
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- Author Mark Zandi
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On the national level, I think you'll see weakness in jobs figures for September, October and maybe even November.
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I would attach a reasonably high probability that there will be a problem in the housing or finance markets that will test the next Fed chairman.
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