Greenspan should weigh against asset markets in the good times -- just as he works to support them in the difficult times. He's been one-sided in his policies,
More Quotes from Mark Zandi:
The baby boom echo generation is now in their mid-teens, at a time when demand for electronics is very high. And they're old enough now to put pressure on their parents to ante up. I know that from personal experience.Mark Zandi
This suggests that the economy has largely shrugged off the ill effects of the hurricanes. Christmas will turn out better than expected.
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.
Mark Zandi
It's less likely that the Fed will pause in its tightening. A neutral rate is certainly at least 4 percent and probably a little higher. That's where we're headed.
Mark Zandi
The impact is going to be very significant -- it may shave as much as a half-percentage point from economic growth this year.
Mark Zandi
It is correct that health care costs are rising more quickly than incomes or wages, and that employers are passing more of their greater health care costs onto workers. But the increase in health care spending is not greater than the increase in incomes or wages.
Mark Zandi
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