Moody's Chief Economist Predicts US Recession Amid American Pessimism

Moody's chief economist predicts US recession amid American pessimism

Americans are increasingly gloomy about the economy, and a new warning from Moody’s chief economist may deepen that pessimism. A Wall Street Journal-NORC poll found nearly 70% of Americans believe the “American dream” is fading or was never real – the bleakest outlook in 15 years of polling. Now, Mark Zandi, Moody’s chief economist who famously predicted the 2008 crash, says the U.S. economy could tip into recession by the end of the year. ‘Red …

Economy "on the brink" of recession by end of year, Moody's economist warns

In an interview with Newsweek, Mark Zandi outlined the risks to the U.S. economy and how it could skirt—or slip into—a downturn.

Moody's economist warns of recession, housing market risk

The U.S. economy may be closer to recession than the Trump administration acknowledges, with housing and construction poised to feel the pinch first, according to Mark Zandi, chief economist at Moody’s Analytics. In an interview with Newsweek, Zandi said his biggest fear, one he has warned about for months, is now materializing — a cascade of weakening job growth, rising inflation and a softening housing market that could tip the country into a …

Transcript: Mark Zandi, chief economist of Moody’s Analytics - The Big Picture

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