0

Click to enlarge.

2019 or bust!

October 25, 2007
Future Bright, But A Ways Off

On the positive side, Moody's Economy.com chief economist Mark Zandi strongly believes that the bottom in new-home sales is hitting now, the fourth quarter of 2007.

"It's going to be so bad, that it's going to be hard to be even worse in the first quarter of 2008," Zandi said at the National Association of Home Builders 2007 Fall Construction Forecast Wednesday in Washington.

On the down side, this comes from a guy who bought a house in Vero Beach, Fla., in the last year, thinking that he was buying at or near the bottom of the market. Oops.

"I caught the falling knife," Zandi said of his recent home purchase.

October 11, 2013
Written Testimony of Mark Zandi

The private economy is on the verge of stronger growth, more jobs and lower unemployment.

That Mark Zandi, what a hoot!

See Also:
The Big Picture: The Abysmal Track Record of Moody’s Mark Zandi

Source Data:
St. Louis Fed: Custom Chart
Advertisement
You have just read the article News for today's that category by title There's a Sucker Reborn Every Minute. You can bookmark this page with a URL http://news-these-days.blogspot.com/2013/10/there-sucker-reborn-every-minute.html. Thank you!
Posted by: Tukiyooo There's a Sucker Reborn Every Minute Updated at : 1:10 PM
Saturday, October 19, 2013

Post a Comment

 
Top