Mark Zandi

3 weeks ago | econofact.org | Mark Zandi

President Trump inherited an economy that was, at least in the aggregate, performing exceptionally well. Since taking office, however, the stock market has fallen, and there are heightened expectations of a slowdown due to the policies, and uncertainty from the shifts in policies, of the new Administration. Are these concerns well-founded? Or will tariffs, cuts to government jobs, and deregulation help usher in a stronger economy? Mark Zandi considers these issues on EconoFact Chats.

4 weeks ago | inquirer.com | Mark Zandi

It is hard to fathom, but we are back on recession watch. The U.S. economy was performing exceptionally well at the start of the year — arguably the strongest economy in the world — but big haphazard swings in economic policy have put us here. Just a couple of months into the new President Donald Trump administration, the economy is suddenly struggling.

2 months ago | inquirer.com | Mark Zandi

The drama playing out in Washington, D.C., since President Donald Trump’s inauguration is hard to follow. Changes to tariff and immigration policy, government worker firings, and cuts to federal funding are coming fast and furious, as Trump looks to reshape government agencies from the U.S. Agency for International Development (USAID) to the Consumer Financial Protection Bureau (CFPB). Despite the Sturm und Drang over policy and developing economic fallout, investors are nonplussed.

2 months ago | inquirer.com | Mark Zandi

President Donald Trump won reelection primarily because Americans were frustrated with the higher cost of living under President Joe Biden. Under Biden’s watch, prices for essential items like groceries, housing, and a gallon of regular unleaded gasoline jumped, and overall prices increased by more than 20%. Voters seemed not to care about the reasons behind the price hikes or that inflation has subsequently moderated. What mattered to them was how much harder it was to make ends meet.

Nov 22, 2024 | inquirer.com | Mark Zandi

Former President Donald Trump’s reelection and the Republican Party’s sweep of the Senate and House will result in meaningful changes to economic policy and, therefore, to the economic outlook. Trump laid out his economic policy agenda in broad terms on the campaign trail. Based on his first term as president, he will pursue policies consistent with his campaign rhetoric, albeit not to the degree that he articulated them during the campaign.