Mark Zandi, Moody’s Analytics Chief Economist, discusses whether or not there will be a soft landing for the US economy following the July jobs report data and the biggest selloff of equity markets in almost two years. Zandi states he wishes the Fed had cut interest rates earlier, and it’s critical the Fed starts moving. He also talks about how the current market downturn could effect the Presidential Race. Mark Zandi speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power."
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