234 Quotes by Mark Zandi
- Author Mark Zandi
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the economy has weathered these storms about as gracefully as could be expected.
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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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The economy is strong, and if history is a guide it should suggest inflationary pressures should develop, but they haven't. Given the crosscurrents in the economic inflation data, it will difficult for him to be clear-cut.
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No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come.
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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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The economy is strong and, if history is a guide, it should suggest inflationary pressures should develop, but they haven't.
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In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
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The economy is much improved over the past year but it's still underperforming.
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