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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
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
Major bank issues warning that there’s a 93% chance of a recession in the US this year — how to prepare now
It’s not as fun, though, when the bank talks back — especially if it’s delivering a major recession warning. Recently, global investment bank UBS announced that, after crunching some “hard data” from ... Read More
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