Moody’s Analytics Chief Economist Mark Zandi: "A third of the U.S. economy is already in a recession or at high risk & another third is stagnating"

[CaughtInThe]

Good job MAGAs. You screwed yourselves and your own families just to hate.



"The economy will be most vulnerable to recession toward the end of this year and early next year,” he added. “That is when the inflation fallout of the higher tariffs and restrictive immigration policy will peak, weighing heavily on real household incomes and thus consumer spending.”

With the economy facing many threats, it wouldn’t take much to push it into recession, Zandi said, singling out a selloff in the Treasury bond market that would send long-term yields soaring."

...

And before that, he pointed out that more than half of industries are already shedding workers, a sign that’s accompanied past recessions."

...

“Also telling is that employment is declining in many industries. In the past, if more than half the ≈400 industries in the payroll survey were shedding jobs, we were in a recession,” he explained. “In July, over 53% of industries were cutting jobs, and only health care was adding meaningfully to payrolls.”

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

“Southern states are generally the strongest, but their growth is slowing.”

fortune.com

 

[lynnwinslow]

Good job MAGAs. You screwed yourselves and your own families just to hate.



"The economy will be most vulnerable to recession toward the end of this year and early next year,” he added. “That is when the inflation fallout of the higher tariffs and restrictive immigration policy will peak, weighing heavily on real household incomes and thus consumer spending.”

With the economy facing many threats, it wouldn’t take much to push it into recession, Zandi said, singling out a selloff in the Treasury bond market that would send long-term yields soaring."

...

And before that, he pointed out that more than half of industries are already shedding workers, a sign that’s accompanied past recessions."

...

“Also telling is that employment is declining in many industries. In the past, if more than half the ≈400 industries in the payroll survey were shedding jobs, we were in a recession,” he explained. “In July, over 53% of industries were cutting jobs, and only health care was adding meaningfully to payrolls.”

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

“Southern states are generally the strongest, but their growth is slowing.”

fortune.com

I just went grocery shopping today and thought to myself, how are average income folks with kids managing these prices? The only thing that I usually shop for that hasn't shockingly gone up in price is chicken.

 

[noonereal]

Good job MAGAs. You screwed yourselves and your own families just to hate.



"The economy will be most vulnerable to recession toward the end of this year and early next year,” he added. “That is when the inflation fallout of the higher tariffs and restrictive immigration policy will peak, weighing heavily on real household incomes and thus consumer spending.”

With the economy facing many threats, it wouldn’t take much to push it into recession, Zandi said, singling out a selloff in the Treasury bond market that would send long-term yields soaring."

...

And before that, he pointed out that more than half of industries are already shedding workers, a sign that’s accompanied past recessions."

...

“Also telling is that employment is declining in many industries. In the past, if more than half the ≈400 industries in the payroll survey were shedding jobs, we were in a recession,” he explained. “In July, over 53% of industries were cutting jobs, and only health care was adding meaningfully to payrolls.”

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

“Southern states are generally the strongest, but their growth is slowing.”

fortune.com

Well, he will be assaulted by Trump.

 

[noonereal]

I just went grocery shopping today and thought to myself, how are average income folks with kids managing these prices? The only thing that I usually shop for that hasn't shockingly gone up in price is chicken.

Soda has doubled since 2020. Doubled!

This has shit to do with production coasts or inflation. It is pure corporate greed.

 

[CaughtInThe]

I just went grocery shopping today and thought to myself, how are average income folks with kids managing these prices? The only thing that I usually shop for that hasn't shockingly gone up in price is chicken.

And, rent is high and pretty much everything else is gonna go up in price.

Natural gas will be a crusher.

 

[Jetboogieman]

History books will look back in astonishment.

Due to fragrant propaganda of fear, disinformation and lies, tens of millions of Americans were lead to believe the world was ending due to illegal immigration and trans people and elected a person so unbelievably stupid, malevolent and short sighted, he went ahead and took a hacksaw to every single institution that benefited the average American and that maintained American soft and hard power throughout the world.

It misunderstood inflation, electing someone who, while inflation was beginning to cool, undertook an economic agenda proven throughout history to fail and that would raise prices on the people who could least afford it.

He massively expanded and exercised the Office of the Presidencys powers whilst The Congress emaciated and castrated itself, undermined the economic and legal systems, pushed the government into every sphere of life, attempting to push a particular social agenda through threats of legal and financial consequences for States, Municipalities and institutions that did not obey his personal will.

He created a personal army through ICE, aggressively and violently, without due process or thought, pushed an aggressive anti-immigrant fear campaign that randomly swiped up people, used immigration visas as a weapon against universities and nations and undermined faith in America as a just and lawful nation, leading to a plunge in immigration which undermined its economic success as the best and brightest sought more stable shores.

In the great geo political game, he aggressively used threats and implementation of poorly thought out tariffs against nations (often allies), some of which, like India, Japan, Korea and Australia the United States desperately needed in order to try to contain Chinese ambitions, this nonsensical and insane approach hurt the US economy and ultimately lead to the United States being considered an untrustworthy ally and in the long run, became more isolated militarily, economically and diplomatically.

America has ****ed itself into oblivion for electing this man and there is no sign it will stop.

 

[dmpi]

Moody learn its lesson during the 2008 banking collapse. Best to predict recession and not have it happen than to predict everything is great and then have total collapse.

 

[Jetboogieman]

Moody learn its lesson during the 2008 banking collapse. Best to predict recession and not have it happen than to predict everything is great and then have total collapse.

These one sentence posts you do, devoid of anything even resembling reality are exhausting.

 

[Peacenik]

"The economy will be most vulnerable to recession toward the end of this year"

No problem. They'll just turn Black Friday into "Bleak Friday."

 

[Peacenik]

Good job MAGAs. You screwed yourselves and your own families just to hate.



"The economy will be most vulnerable to recession toward the end of this year and early next year,” he added. “That is when the inflation fallout of the higher tariffs and restrictive immigration policy will peak, weighing heavily on real household incomes and thus consumer spending.”

With the economy facing many threats, it wouldn’t take much to push it into recession, Zandi said, singling out a selloff in the Treasury bond market that would send long-term yields soaring."

...

And before that, he pointed out that more than half of industries are already shedding workers, a sign that’s accompanied past recessions."

...

“Also telling is that employment is declining in many industries. In the past, if more than half the ≈400 industries in the payroll survey were shedding jobs, we were in a recession,” he explained. “In July, over 53% of industries were cutting jobs, and only health care was adding meaningfully to payrolls.”

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

“Southern states are generally the strongest, but their growth is slowing.”

fortune.com

Thanks a lot, Donald.

 

[Peacenik]

"Stable genius" sure knows how to screw up a good thing. Very good economy handed to him and now look what's he's done with it.

 

[TangoNoCash]

"Stable genius" sure knows how to screw up a good thing. Very good economy handed to him and now look what's he's done with it.

It’s what they do.

Clinton had a good economy going.
GW Trashed it.

Obama inherited a crashed economy and turned it around.
Trump and his disastrous Covid response trashed it again.

Biden inherited a terrible economy. Turned it around and managed a soft landing. Handed back Trump a strong economy.

Trump 2 currently destroying the economy.

Why are we so stupid?

 

[Peacenik]

It’s what they do.

Clinton had a good economy going.
GW Trashed it.

Obama inherited a crashed economy and turned it around.
Trump and his disastrous Covid response trashed it again.

Biden inherited a terrible economy. Turned it around and managed a soft landing. Handed back Trump a strong economy.

Trump 2 currently destroying the economy.

Why are we so stupid?

I dunno. Maybe it's the billionaire funded right wing propaganda rumor-stoker machine.

Ya think?

 

[TangoNoCash]

I dunno. Maybe it's the billionaire funded right wing propaganda rumor-stoker machine.

Ya think?

All those buttery males and arugula salad. The horror.

 

[CaughtInThe]

These one sentence posts you do, devoid of anything even resembling reality are exhausting.

You should rejoice. We're not around them in real life like family, friends, etc.