Economists Warn of Imminent US Recession Amid Rising Job Cuts

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Source: Business Insider
Economists Warn of Imminent US Recession Amid Rising Job Cuts
Photo: Business Insider
TL;DR Summary

Moody's chief economist Mark Zandi warns that the US economy is on the brink of recession due to policy headwinds like tariffs and restrictive immigration policies, though a recession has not yet officially begun. He highlights that certain industries are already in recession and emphasizes that future economic stability may depend on policy changes, with no asset class being entirely safe in a severe downturn.

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