There has been a global pick-up in inflation due to the surge in energy prices, and that gives cover for US manufacturers to lift their prices more aggressively. Central banks across the globe are tightening policy in fears that the surge in energy prices will infect inflation more broadly.
More Quotes from 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
They don't have Greenspan's practical edge to them, but they all have academic and government policy experience. I hesitate to say they won't live up to Greenspan, but that would be hoping for an awful lot.
Mark Zandi
It looks like the mid-Atlantic weathered the hurricane well. Activity rebounded smartly. It does reinforce the view that the underlying economy remains strong in the mid-Atlantic and more broadly across the country.
Mark Zandi
The rhetoric over China is intensifying for a number of reasons.
Mark Zandi
It would take time for that to occur and during this period of adjustment -- some things might not get done -- maybe some crops won't be picked or some hotel rooms won't get cleaned.
Mark Zandi
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.
Mark Zandi
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Based on Topics: Energy Quotes, Fear QuotesBut we are not going to stand by and go back to allowing people with preexisting conditions to be discriminated against, go back to the situation where people can be thrown off their insurance simply because they become seriously ill or you can't get on your parents' insurance after the age of 20.
David Axelrod
A page of my journal is like a cake of portable soup. A little may be diffused into a considerable portion.
James Boswell
Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included.
Pola Negri