For years, one of the best-known recession indicators has been the “lipstick index,” which posits that Americans stock up on cheaper feel-good makeup when times are tough. That one might be outdated — ...
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A top economist says there's an 'uncomfortably high' chance that the US is heading into a recession in the next year
Mark Zandi has been ringing the alarm bell for a recession in recent weeks, and now, he says one indicator has pushed the chances of a downturn to an "uncomfortably high" level. The Moody's Analytics ...
He described the odds of a downturn in the next 12 months as "uncomfortably high." Zandi flagged a few things that have him concerned about the economy. Mark Zandi has been ringing the alarm bell for ...
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