234 Quotes by Mark Zandi

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.

He doesn't have the wide range of experience Greenspan did going into the job, which has served Greenspan well.

The Fed is growing more uncomfortable about inflation, ... This is a more hawkish statement and signals that more tightening is on the way.

Going forward it will be harder for them to maintain their spending - and their living standards.

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.

He said housing has turned increasingly speculative, and a correction in the market is coming, ... But he also said that the correction won't affect the great bulk of homeowners.

The consequences are more serious. Right now there is zero margin for error. Nothing can go wrong.

Greenspan should weigh against asset markets in the good times -- just as he works to support them in the difficult times. He's been one-sided in his policies,

In Florida, people are moving up the coast