Moody's Chief Economist: U.S. on 'precipice of Recession'

Tuesday, August 05, 2025

Moody's Analytics chief economist Mark Zandi said the U.S. economy is "on the precipice of recession," citing indicators from last week's economic data releases.

Posted by qcp at 08:32 PM | 14 COMMENTS | permalink | Comment on This Entry |

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Moody's Chief Economist Mark Zandi said recent data suggests the country is headed for challenging times.

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-- Newsweek (@newsweek.com) Aug 5, 2025 at 9:42 AM

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PEDO DONNIE is a complete failure

#1 | Posted by LegallyYourDead at 2025-08-05 11:10 AM | Reply

Not once Donald J Fail gets another Fox couch tumor to head up the BLS. Then hiring will be up ELEVENTY BILLION JOBS in August.

Thanks to Donald J Fail and his drug price cuts I went to the pharmacy and paid $100 for my prescription and they handed me back $1500 thanks to his 1500% price cut.

That ------- blathering yamsack has no clue how math works and he RAPED CHILDREN with his wingman Epstein.

#2 | Posted by Nixon at 2025-08-05 11:28 AM | Reply

Don't worry, after they fire a few more statisticians there won't be any metric to declare a recession so, therefore, recessions won't happen!

#3 | Posted by jpw at 2025-08-05 11:31 AM | Reply

Have the GOP/MAGAts tried firing 150,000 middle class federal workers in the last six months to give tax cuts to billionaires?

Well, I'm all out of ideas.

#4 | Posted by censored at 2025-08-05 11:31 AM | Reply

Their numbers are boolsheet.
~ Donald "They Don't Call Me The Modern Prometheus For Nothing" Trump

#5 | Posted by Doc_Sarvis at 2025-08-05 12:52 PM | Reply

I'm running out of ideas about how to say, "THANKS, TRUMPERS!"

Of course, if any of our rwinger show up on the thread, it will be to tell us how much more they know about the economy than Moody's.

#6 | Posted by Corky at 2025-08-05 08:45 PM | Reply

... Moody's Analytics chief economist Mark Zandi said the U.S. economy is "on the precipice of recession," ...

Yeah, he is just one of many, oh so many, chief economists at financial firms.

Is he being overly dramatic?

Maybe. The word "precipice" implies a deep decline. imo, it is too early to call that. One month's bad data is not enough.

Other economists are more sanguine in their projections. Saying things along the lines of ~possible slowdown.~

Time will tell.

#7 | Posted by LampLighter at 2025-08-05 08:55 PM | Reply

One month's bad data is not enough.

You can be assured bad data is a thing of the past. Future economic numbers will be so good they will be difficult to believe.

#8 | Posted by REDIAL at 2025-08-05 09:08 PM | Reply

@#8 ... Future economic numbers will be so good ...

... and if they are not good, then the person reporting them may be fired.

#9 | Posted by LampLighter at 2025-08-05 09:16 PM | Reply

if they are not good, then the person reporting them may be fired.

That message has been sent, loud and clear. Numbers will be good. Real good. Too good to believe good.

#10 | Posted by REDIAL at 2025-08-05 09:51 PM | Reply

@#10 ... That message has been sent, loud and clear. ...

Yup.

"When someone is President of the United States, the authority is total, and that is the way it has to be. It's total. It's total." -- Pres Trump, Apr. 13, 2020

#11 | Posted by LampLighter at 2025-08-05 11:00 PM | Reply

You can be assured bad data is a thing of the past. Future economic numbers will be so good they will be difficult to believe.

#8 | Posted by REDIAL

They'll proclaim, with the exuberance of North Korean state TV readers, how wonderfully amazing things are, while everyone in the country will know it's total propaganda.

#12 | Posted by AMERICANUNITY at 2025-08-06 12:55 AM | Reply | Newsworthy 1

@#12 ... the exuberance of North Korean state TV readers ...

I've seen them when I watch NHK news here.

Based upon what I have seen, your comment is not an exaggeration.

And CBS seems to have started to slow walk to such capitulation.

CBS, the home of Walter Cronkite.

Walter Cronkite
en.wikipedia.org

... Walter Leland Cronkite Jr. (November 4, 1916 " July 17, 2009) was an American broadcast journalist who served as anchorman for the CBS Evening News[1] from 1962 to 1981.

During the 1960s and 1970s, he was often cited as "the most trusted man in America" after being so named in an opinion poll.[2][3][4] ...

And now CBS seems to have dumped that honored history for more added money going to its wealthy owners.

#13 | Posted by LampLighter at 2025-08-06 01:24 AM | Reply

The jaws of stagflation are wide open.k

x.com

Nice going, Krasnov Fats.

#14 | Posted by reinheitsgebot at 2025-08-06 04:05 AM | Reply