Based on this economist's track record, I wouldn't count your chickens before they hatch

Photo credit: CFA Society of Philadelphia

As quoted in Worker salaries poised to climb in 2016.  (Milwaukee Journal Sentinel, 12/28/2015)

Related reading:
The Abysmal Track Record of Moody’s Mark Zandi.  (The Big Picture, 9/23/2010)

Never mind that, based on Zandi’s record, either his analysis is just wrong or his independence is compromised. Everyone seems to like to hear the guy who is saying what people want to hear, even the press appears to prefer “feel good” analysis to considering the accuracy of his record.

Those of you who have seen The Big Short will especially appreciate this Zandi pronouncement made on October 27, 2006.  

“The housing market correction is in full swing but it probably has another year to go before it bottoms out.”