Top Economist Warns of High Recession Risk for the US Economy
TL;DR
Top economist Mark Zandi warns there's an 'uncomfortably high' 48% chance of a US recession within the next year, citing declining housing permits and other economic indicators as signs of potential downturn, despite expectations of a Federal Reserve rate cut.
- A top economist says there's an 'uncomfortably high' chance that the US is heading into a recession in the next year Business Insider
- Is the US Economy Headed for a Recession? Morningstar
- The most troubling feature of the job market is how thinly spread gains are, top economist says — 'this only happens when the economy is in recession' Fortune
- Is the US already in a recession? Financial Times
- 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 moneywise.com
Want the full story? Read the original reporting
Read on Business Insider