Top Economist Warns of High Recession Risk for the US Economy

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Source: Business Insider
Top Economist Warns of High Recession Risk for the US Economy
Photo: Business Insider
TL;DR Summary

Top economist Mark Zandi warns there's an 'uncomfortably high' 48% chance of a US recession within the next year, citing declining housing permits and other economic indicators as signs of potential downturn, despite expectations of a Federal Reserve rate cut.

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