This should be a year where the tech market stabilizes but I don't see job growth until 2004.
More Quotes from Mark Zandi:
If revenue growth does not start to pick up that would squeeze profit margins.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
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
Consumers are likely to pay more for lumber, coffee, chocolate, perhaps sugar anything that we import through the ports in the affected region will face higher prices.
Mark Zandi
The data is going to look ugly in the next couple of months.
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
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