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Mark Zandi Quotes
«Housing is a fault line in the economy that Greenspan is indeed worried about, but he doesn't think a housing (slowdown) will undermine the expansion.»
Author: Mark Zandi
«He said housing has turned increasingly speculative, and a correction in the market is coming, ... But he also said that the correction won't affect the great bulk of homeowners.»
Author: Mark Zandi
«Implicitly, ... 'I can keep raising rates, and most homeowners won't suffer.'»
Author: Mark Zandi
«It undermines growth at the same time that it fans inflation.»
Author: Mark Zandi
«The consequences are more serious. Right now there is zero margin for error. Nothing can go wrong.»
Author: Mark Zandi
«I think this is a harbinger of more problems to come, ... I think we should look for fresh new records [in delinquencies] in the fourth quarter and first quarter of next year as [credit card] payments rise higher and as energy prices really begin to bite.»
Author: Mark Zandi
«Consumers are reeling from the high energy bills and that has to be watched very carefully. Another month of falling consumer confidence would be disturbing.»
Author: 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.»
Author: Mark Zandi
«Recession risks are rapidly rising.»
Author: Mark Zandi
«This indicates that the job market is holding together pretty well,»
Author: Mark Zandi