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.
More Quotes from Mark Zandi:
The rate of technical change, which is the most difficult thing to measure, seems to be slowing from the unprecedented pace of a few years ago.Mark Zandi
Most of the loans are concentrated in the most juiced-up markets across the country.
Mark Zandi
Most likely the higher prices will slow growth, ... But there is the growing threat that we get a combination of slower growth and higher inflation.
Mark Zandi
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.
Mark Zandi
Trade is far and away the largest weight on the U.S. economy at present. This is a risky time.
Mark Zandi
People are responding to the escalating prices They're moving.
Mark Zandi
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