The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Mark Zandi earns The Navigator by steering through turbulence rather than pretending it away. He will name the precipice of recession while insisting on humility about policy-driven volatility, a rare pairing of candor and restraint.
“Well, also from coming to a purely academic perspective for an economist, I mean, this was just an incredible time. Once every century you see something like this, and there's so much that you're learning while you're doing. And it was not only just economics, it was also political economy.”
“It does. The CEO of Moody's Analytics was this fellow Mark Almeida, great guy. He is a Philly guy, and he and I worked together at Wharton Econometrics, which was Philly based because of Klein. And he was a data guy. He was in a cube next to me. I was a young economist working on models and data and forecasting. He was a data person.”
“There is, but the actual business itself is very simple. One of the things that has been kind of a tailwind to our work has been the regulatory environment, right? The financial institutions all over the globe need to do stress tests for capital planning.”
“We'll have to see. But we know the economy is weakening, particularly the job numbers. And I, again, going back to, we're going to get some negative numbers here.”
Masters in Business: “Moody's Analytics Chief Economist Mark Zandi on the US Economy”
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