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.
More Quotes from 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
If we get a string of bad data on inflation, the Fed will probably have to tighten for a bit longer.
Mark Zandi
If the job market doesn't kick into higher gear soon, consumers will lose confidence and rein in their spending, and the economy will in all likelihood fall back into recession unless we're very lucky.
Mark Zandi
It will cost you some money in fees. But in 2007, when the market is at its worst and your mortgage is resetting and you're looking for a lender to refinance you out, you just may not find one.
Mark Zandi
A lot of things have to come together to make my forecast of a slowing current account deficit come true.
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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