187 ordspråk av Mark Zandi
Mark Zandi
The surge in energy prices we have seen to date will be partially passed through to consumers.
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The tech job market was flat on its back throughout most of the decade. It's now back on its feet. I expect it to break into a jog this year.
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The tightening of the job market, while very good for workers and much deserved, argues that workers should also expect to face higher interest rates and somewhat higher inflation.
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The unleashing of business pent-up demand will ensure that the U.S. economy's recovery will continue, but the unwinding of consumer spent-up demand will ensure that it won't come roaring back,
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The work force is growing not because employers are hiring a lot of new workers to staff expanding operations. The economy, in other words, is not being driven by businesses out there scouring for opportunity and revenue growth and pushing up wages as they compete to hire more workers.
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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.
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There is no indication that the job market outside of the impacted Gulf Coast has skipped a beat. The hurricanes are having an impact due to the higher energy prices, but I think we can be confident the expansion will remain on track.
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There is not enough uncertainty about Fed rate hikes?. That causes people to take on too much risk.
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There needs to be continued and significant further revaluation of the yuan.
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There won't be any change in the script the Fed has laid out, ... Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.
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There won't be any change in the script the Fed has laid out. Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.
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There's just a lot more boomer kids out there, and that's cutting up the pie into very small pieces.
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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.
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This Administration is trying to change the whole intellectual basis for fiscal policy that Alan Greenspan enforced when deficits were large in the early 1990s. We got fiscal discipline through the idea that deficits matter. That's been flipped on its head.
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This could drive unemployment lower and create more wage pressure.
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