<p>A trusted non-partisan advisor to policymakers and a reliable source of economic analysis to businesses, media outlets and the public, Mark Zandi, is one of the country’s leading economic experts, praised for his accurate insight and ability to clearly communicate complex topics, including macroeconomics, financial markets and public policy.</p><p>As the Chief Economist and Cofounder of Moody's Economy.com, Zandi directs the company's research and consulting activities, helping Moody's Analytics provide timely economic research to businesses and government. Formerly an economic advisor to John McCain during his presidential campaign, he also provides insight to the Obama administration, and testifies regularly before Congress on topics including the economic outlook, the nation’s fiscal challenges, the merits of fiscal stimulus, financial regulatory reform, and foreclosure mitigation. His recent research has focused on the determinants of mortgage foreclosure and personal bankruptcy, the economic impact of government spending, and appropriate policy responses to bubbles in markets.</p><p>The author of "Financial Shock", a critically acclaimed expose of the financial crisis, his recent book, "Paying the Price" provides a roadmap for meeting the nation's daunting fiscal challenges. Zandi’s insight is often featured in national and global publications and he is a frequent guest on leading news outlets, including CNBC, NPR and CNN.</p><p>With a finger on the pulse of the evolving national and global economies and cultivated expertise on the factors that have influenced our current environment, Zandi’s insights are essential for business executives and government leaders to understand and thrive in the volatile financial landscape.</p>
Chief Economist of Moody’s Analytics & Co-Founder of Moody's Economy.com
<ul><li><strong>The New Global Equilibrium</strong></li><li>After a decade of emerging markets and economies dominating the global market, the tipping point has arrived: growth will begin to balance going forward.</li><li>Fiscal austerity and brinkmanship are diminishing. This sets the stage for U.S. turnaround as growth begins to accelerate. Combined with high global interest rates, slowing emerging market economies as well as a new breed of reform-minded emerging markets economies, a new equilibrium is being created. But, with a new equilibrium, new questions arise:</li><li>- How will aggressive ECB and banking integration affect Europe?</li><li>- For all its resources, can China truly hit its growth potential in the coming decade?</li><li>- Can we depend on the current stability of commodity prices?</li><li><strong>Financial Shock: Could It Happen Again?</strong></li><li>How could a once-obscure lending category unleash the worst financial crisis since the Great Depression? How did the effects of the US subprime mortgage crisis spread around the globe? Faulty reasoning and greed created an environment that led up to the crisis, and laxity allowed it to spread. To avoid a recurrence, homeowners, investors, and policymakers would do well to examine not only specific missteps, but also the deeper forces behind the crisis, including homeowner psychology, antiregulatory sentiment, and the technology that facilitates complex global lending.</li></ul>