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Moody’s economist: US avoids recession if well-to-do ‘keep spending’
Moody’s Analytics chief economist Mark Zandi said Tuesday the U.S. economy will likely avoid a recession if the wealthiest individuals continue to spend at the current rate. In a post on the social ... Read More
The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession
Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More
Major bank raises red flag on US economy — warns of 93% chance of recession based on ‘hard data.’ Here are 5 crucial money moves you need to make now
Recently, global investment bank UBS announced that, after crunching some “hard data” from between May and July 2025, there’s a 93% chance of the U.S. entering a recession this year [1]. Read More
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