Mark Zandi Quotes
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. 
Tweet
Harbinger | Problems | Fresh | Records | Delinquencies |
comments powered by Disqus
Ultimately, if you err on the side of being dovish it will only come with more pain from slower growth. The hit to growth would be more substantial from higher inflation than from interest rate hikes.
- Mark Zandi
