Prof G Markets
00:36:48 · Mark Zandi
[00:36:48] S3: You know, that's my that's my profession is predictions. And I do sympathize with the president. He's he got his forecast wrong, but, you know, forecasting is a pretty intrepid affair. You know, I give I give the economy a b because, you know, it's a plus plus when it comes to the AI economy. For the non AI economy, probably a d. So you take the average of the two, b minus, let's say, somewhere in there. But that doesn't do justice to the reality of what people are feeling. They're either in the a plus plus world or they're in the d world, And there's many more Americans in the d world than the a plus plus world, if that makes any sense at all. You know, I am an economist, and I, you know, look at the things like election results through the prism of the economy. And, you know, it's the economy stupid going all the way back to James Carville and the the Clinton election. And I think that still holds. And the economy for most Americans, not for all, but for most, the majority of Americans, it's pretty tough, and it hasn't gotten any better. It's getting worse, and people are connecting the dots back to things like the Iran war and the tariffs. They they know that that's behind a lot of what we're observing. So that would strongly argue that, you know, we'll see a change in government here on the other side of the election, certainly the house and very possibly the senate.
00:38:10 · Ed Elson
[00:38:10] S4: Mark Zandi is chief economist at Moody's Analytics. Mark, we will see, and we will check back in. Appreciate your time. Stay tuned. Okay. That's it for today. Tune in tomorrow to hear our coverage of Apple's earnings with Patrick McGee. Later on this week, we will also be unpacking the midterm results with Catherine Rampell and also Matt Yglesias, so don't miss it. This episode was produced by Claire Miller and Alison Weiss and engineered by Benjamin Spencer. Our video editor is Brad Williams. Our research team is Dan Shalon, Kristen O'Donohue, and Mia Silverio. And our social producer is Jake McPherson. Thank you for listening to Prof Markets from Prof G Media. If you liked what you heard, give us a follow. I'm Ed Elson. I will see you tomorrow.