187 ordspråk av Mark Zandi
Mark Zandi
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This should be a year where the tech market stabilizes but I don't see job growth until 2004.
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Part of the problem that all of tech is having with respect to jobs is they significantly over-hired during the boom times and to some degree the past few years has been payback for overaggressive hiring. But I think that process is largely over and we should see slightly better job growth in tech by this time next year.
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The overall CPI does not reflect the inflation most seniors face.
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The economy is much improved over the past year but it's still underperforming.
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There won't be any change in the script the Fed has laid out. Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.
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We're back on track after the ill effects of the hurricanes. But it is also fair to conclude that global competition and corporate layoffs are weighing on job growth.
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It will cost you some money [in fees]. But in 2007, when the market is at its worst and your mortgage is resetting and you're looking for a lender to refinance you out, you just may not find one.
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So far, it's weakening, not caving. But it's been a tricky policy to deflate housing, not crater it.
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As the memory of the tech bust fades, we seem to be getting better and better job growth.
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The bloom is definitely off the housing rose. Housing peaked last summer and has been weakening ever since.
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If Greenspan had been stronger in his views, then the bubble would not have been as large and the subsequent correction not as severe.
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The economy hit a pot hole in the fourth quarter. I'm not at all worried about the health of the economy.
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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.
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Consumer spending growth will moderate, but it won't impede the current pace of economic expansion.
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Broadly speaking, the economy is in a pretty good place. But it's no longer obvious what the next step should be. Now it gets a lot more complicated.
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