I think they will tighten, but there is a much higher level of uncertainty regarding this decision than at any one since they started over a year ago.
More Quotes from 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
The economy is going to be hit hard by Katrina, and it is going to be hardest on consumers who are already stretched thin. With the surge in gasoline and home heating oil prices, consumers will have a difficult choice to make between filling their gas tank or spending on other things.
Mark Zandi
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.
Mark Zandi
Housing has peaked. And all indications are that sales will weaken further in the months ahead.
Mark Zandi
In the next few months, there's no upside. And this winter, we're going to feel it more noticeably as people pay record gas prices and record home-heating bills.
Mark Zandi
Of the 2.7 million jobs lost since employment's peak, roughly a third have been lost to overseas competition, and most if not all of those jobs are not coming back, ... And that trend is going to continue.
Mark Zandi
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In case of doubt, do a little more than you have to.
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One of the rewards of success is freedom, the ability to do whatever you like.
Sting