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Mark Zandi Quotes

«Fundamentally, though, it stems from the fact that China will post a $250 billion surplus on its trade with the United States this year and there's simply no sign of that easing any time soon.»
Author: Mark Zandi
«This issue is a global fault line that will get exposed if all the Asian nations don't allow their currencies to appreciate vis-a-vis the dollar.»
Author: Mark Zandi
«Productivity growth is slowing and it is not strong enough to forestall rising labor costs and broader inflation.»
Author: Mark Zandi
«Workers are asking for bigger pay increases and they are getting them. The pendulum has swung decidedly in favor of workers.»
Author: Mark Zandi
«We are hemorrhaging red ink and we are likely to continue doing that long into the future.»
Author: Mark Zandi
«A lot of things have to come together to make my forecast of a slowing current account deficit come true.»
Author: Mark Zandi
«The housing market is fading fast and the prospect is it will weaken further as rates move higher.»
Author: Mark Zandi
«The job market is as good as it's been since 2000. Unemployment is 4.7 percent, and it is falling. Job growth is sturdy, and it is increasingly broad-based and across regions and occupations. In fact, this will be the first year that wage growth will begin to accelerate. It should be a good year for American students.»
Author: Mark Zandi
«In the absence of a second layer of information, we all assume the job growth is from hiring. It is our default position.»
Author: Mark Zandi
«At best, people should prepare for no pay increase and no bonus, something they have been getting a lot of. At worst, they should be thinking they may need to change occupations.»
Author: Mark Zandi