Zandi Warns 49% US Recession Risk, Oil Prices Surge
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Economist Mark Zandi from Moodys Analytics now predicts a 49% chance of a US recession, citing weak jobs numbers, slow growth, and the recent surge in oil prices from the Iran conflict. Wall Street watchers also raise alarms, with odds ranging from 25% to 35%. Zandi, with a strong track record, warns of potential stagflation if energy costs remain high.
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