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Quotations
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Mark Zandi Quotes
«There is no indication that the job market outside of the impacted Gulf Coast has skipped a beat. The hurricanes are having an impact due to the higher energy prices, but I think we can be confident the expansion will remain on track.»
Author: Mark Zandi
«It is going to be a tough winter for many seniors. Not only will they face higher Medicare premiums, but record gasoline prices and higher home heating bills as well.»
Author: Mark Zandi
«All these statistics reflect the full force of the hurricanes on the broader economy and we will probably have another month of ugly statistics.»
Author: Mark Zandi
«There has been a global pick-up in inflation due to the surge in energy prices, and that gives cover for US manufacturers to lift their prices more aggressively. Central banks across the globe are tightening policy in fears that the surge in energy prices will infect inflation more broadly.»
Author: Mark Zandi
«It looks like the mid-Atlantic weathered the hurricane well. Activity rebounded smartly. It does reinforce the view that the underlying economy remains strong in the mid-Atlantic and more broadly across the country.»
Author: Mark Zandi
«I thought oil would have been a concern since it hit $40 but the economy has digested it well,»
Author: Mark Zandi
«A month ago the markets would have interpreted getting rid of measured as meaning that a 50 basis point hike was possible. Now the market won't know if it would mean no change, another quarter-point move, or a 50 point hike is next and that's precisely why the Fed should take it out,»
Author: Mark Zandi
«The job losses over the past three years have been across a wide range of industries and from coast to coast. And if you've lost your job, in all likelihood you will remain unemployed for longer than in any period since the Great Depression.»
Author: Mark Zandi
«I don't buy into those supply-side, trickle-down ideas. Those arguments might have made some sense 25 years ago, when the top tax rate was 70 percent, but not today, when the top rate is half of that.»
Author: Mark Zandi
«To stop globalization would be the exact wrong thing to do; we have to embrace what's happening. It's in place and will remain in place. We need to help [unemployed workers], make them better trained and skilled so they can get better jobs.»
Author: Mark Zandi
