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

US Can Avoid Recession If 'Well-To-Do' Continue To Spend, Says Moody's Economist: 'If They Turn More Cautious...'

Mark Zandi, the chief economist at Moody’s Analytics, highlighted the role of the wealthy in driving the U.S. economy. Top 20% US Households’ Spending Outpaces Inflation Zandi took to X to point out ... 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

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 ... Read More

US will dodge recession, but Trump's policies will slow economic growth: Report

President Donald Trump’s aggressive economic policies will likely significantly slow U.S. growth and push up inflation but stop short of causing a recession or “stagflation” – the dire scenarios that ... Read More

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment

As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials. Look up the term “recession specials” through Google’s search ... Read More

Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.

Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain. By Lydia DePillis At the moment, the American economy feels a little bit like a hot August ... Read More

Why the economy could be headed for an inflation roller coaster ride

If you're tired of seeing inflation in the headlines, you're probably not going to get much relief soon. That's according to Liz Ann Sonders, the chief investment strategist at Charles Schwab, who ... Read More