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.
More Quotes from Mark Zandi:
All these statistics reflect the full force of the hurricanes on the broader economy and we will probably have another month of ugly statistics.Mark Zandi
Given the crosscurrents in the economic inflation data, it will be difficult for him to be clear-cut.
Mark Zandi
We are a very low-cost area in a very high-cost region. Housing values have risen here, but not nearly as much as in other parts of the country.
Mark Zandi
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.
Mark Zandi
The Fed is growing more uncomfortable about inflation, ... This is a more hawkish statement and signals that more tightening is on the way.
Mark Zandi
This region is expanding not quite as much as the rest of the country. We will see much less housing activity, especially in the next couple of years.
Mark Zandi
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