Huawei is very iconic to the Chinese, kind of like Apple to us, so putting them on the entity list is a real slap in the face and threatens to take the trade war from economics to war over nationalistic pride, it makes it very difficult to stand down.

Mark Zandi

Categorized in : Politics

The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.

recovery cutting mistake

The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow.

credit average today

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

income doe jobs

Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general.

appreciate home giving

We need to get rid of the debt ceiling law. It's anachronistic an... by Mark Zandi

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

ceilings law needs

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.

party government tea

There is a banking adage that if it's growing like a weed, it's a... by Mark Zandi

There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.

banking growing weed

Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

taxes would-be thinking

Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.

each-month japan effort

A home is still the biggest asset that most Americans own. by Mark Zandi

A home is still the biggest asset that most Americans own.

assets stills home

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

normal differences thinking

Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

knives home fall

I've done work for both Democrats and Republicans. by Mark Zandi

I've done work for both Democrats and Republicans.

democrat republican done

I only have two things in my life, my family and work. If there's any time left over, then I play sports.

play sports two

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

creating credit today

A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.

home believe years

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

debt would-be world

My policy is I will help any policymaker who asks, whether they b... by Mark Zandi

My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.

democrat republican helping

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.

flavor different dark

The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

payroll-tax holiday numbers