So far, it's weakening, not caving. But it's been a tricky policy to deflate housing, not crater it.
More Quotes from Mark Zandi:
Productivity growth is slowing and it is not strong enough to forestall rising labor costs and broader inflation.Mark Zandi
The economic data in the next couple of months will look pretty weak. There will be significant political pressure on the Fed not to tighten.
Mark Zandi
Consumer spending growth will moderate, but it won't impede the current pace of economic expansion.
Mark Zandi
The rhetoric over China is intensifying for a number of reasons.
Mark Zandi
As the memory of the tech bust fades, we seem to be getting better and better job growth.
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
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