Recession Just Triggered? 'Things Are Shaking' Says Moody's Chief Economist Mark Zandi
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Published 2024-08-04
Mark Zandi, Chief Economist at Moody's Analytics, discusses the recent economic data on GDP, the health of the labor market, and the future of Fed monetary policy.
*This video was recorded on August 2, 2024
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0:00 - Sahm Rule triggered
3:15 - Job growth
4:50 - Fed rate cut
9:28 - Market volatility
11:00 - GDP growth estimate
13:12 - Stock market correction
17:20 - Rising debt
19:45 - Republican sweep and inflation
21:45 - Election scenarios
30:00 - Housing market
#economy #stocks #investing
All Comments (21)
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Do you feel like we're in a recession now? Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW MARK ZANDI: X (@Markzandi): x.com/Markzandi Inside Economics podcast: www.moodys.com/web/en/us/about/insights/podcasts/m…
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This dude believes the Gov stats.
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This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
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Are you sure this guy doesn't work for the White House?
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This episode is not aging well
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We’re not in a recession? Are you fucking serious?
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Wow. This guy is lying right to all our faces. What a stooge.
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The current economy is unnecessarily tougher for some most people, myself included. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market. Plus inflation is already catching up with my $310k portfolio. I’m really worried about survival after retirement.
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Oh...so we are not in recession. I guess ill buy that corvette
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This guy is taking happy pills. Hook me up bro.
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Wall Street shill
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It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my stock portfolio from decline, but haven't figured which way to go.
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This guy just refuses to put down the Kool-aid and just wants to keep drinking. He’s completely out of touch with what’s really going on in the real world.
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This time is different... until it isn't
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Wonder if this guy is wearing bright red size 24 clown shoes under his desk? 🤡
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This guy keeps looking over to the left like someone is behind the computer pointing a pew pew at him
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This gets stranger daily
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Moody's?? Weren't they caught rubber-stamping in 2008? Labor supply is so high we can't have a recession? Labor supply was SUPER-HIGH during the Great Depression LOL
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Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists~
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Mark isn't in a RichCession. He's a part of the 1%. 75 to 85 percent of America is feeling pain in one form or another.
