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2 weeks ago

Top economist sounds alarm on America’s 40% recession risk, warns stocks are disconnected from reality

Despite triumphant headlines from Wall Street, one prominent economic forecaster is sounding the alarm that the U.S. economy is sitting on a razor's edge.In a recent interview with TheStreet, Moody’s Analytics chief economist Mark Zandi placed the probability of a U.S. recession within the next year at 40%, compared to a historical average of 5%."So, 40% is very elevated, very uncomfortable — it gives you a sense of how close I think things are to the edge here," he said.LEGENDARY ECONOMIST KNOWN FOR 1969-70 RECESSION PREDICTION WARNS DOWNTURN MAY HIT IN 2026Though his comments come on the hee...