Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
Mark Zandi quotes about
japan financial commodity
The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
bad broader bubble calamity creating credit financial great hard housing loans market millions mortgage paved problem recession
Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.
data economic energy financial given gulf images instead markets prices reason rising symbolic worse
if the financial markets were reeling and the images from the Gulf were getting worse instead of better, if energy prices were rising instead of falling. But given the economic data and financial markets, there's no reason to make a symbolic move.
affect credit entire financial housing problems quickly result undermine
It would undermine the housing market, and could quickly result in credit problems that would affect the entire (American) financial system.
economy entire financial means political pressure
It means that they're going to be under a lot of financial pressure in the years ahead. And that's going to put pressure on the entire economy and on the political process.
average awful chair chairman confidence ensuring fed financial iraq lose markets matter matters normal people restoring vital
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.