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So this is Trumponomics
Crazy Trump has rarely passed up the opportunity to tell Americans that the U.S. economy, with his hand at the wheel, is roaring.
But to Mark Zandi, chief economist at Moody's Analytics, the warning signs—or "red indicators"—are showing up in every corner, from housing to employment to consumer prices. In an interview with Newsweek, Zandi said that his monthslong fears of a major economic downturn may soon come to a head, and that the U.S. economy could slip into a recession by the end of 2025.
www.newsweek.com
Crazy Trump has rarely passed up the opportunity to tell Americans that the U.S. economy, with his hand at the wheel, is roaring.
But to Mark Zandi, chief economist at Moody's Analytics, the warning signs—or "red indicators"—are showing up in every corner, from housing to employment to consumer prices. In an interview with Newsweek, Zandi said that his monthslong fears of a major economic downturn may soon come to a head, and that the U.S. economy could slip into a recession by the end of 2025.
Economy "on the brink" of recession by end of year, Moody's economist warns
In an interview with Newsweek, Mark Zandi outlined the risks to the U.S. economy and how it could skirt—or slip into—a downturn.
www.newsweek.com
