Mark Zandi Quotes
I would attach a reasonably high probability that there will be a problem in the housing or finance markets that will test the next Fed chairman. 
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Attach | High | Probability | Problem | Housing |
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People are able to pull money out of their homes and put it into their gas tanks. So the overall effects on consumer spending have been small.
- Mark Zandi
The Fed chair doesn't matter a lot to the average person in normal times. He matters an awful lot when things aren't going well -- when the financial markets freeze, or there's a 9/11 or Y2K or Iraq war. When people lose confidence, the Fed chairman is vital to restoring confidence and ensuring functioning financial markets and economy.
- Mark Zandi