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Economist Warns of Potential 2026 U.S. Recession Risks

1/23/2026

22 4 Full Breakdown

Summary

Story summary

Mark Zandi of Moody's Analytics warns U.S. economy remains fragile and could slip into a 2026 recession.
He cites weaknesses in the labor market and says real GDP growth cannot absorb entrants.
Hiring has fallen to levels typical of economic downturns.
He cautions against relying on the stock market, warning a bubble could curb consumer spending and deepen a downturn.
Zandi calls for careful economic policy to avoid worsening conditions.

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Story summary

Mark Zandi of Moody's Analytics warns U.S. economy remains fragile and could slip into a 2026 recession.
He cites weaknesses in the labor market and says real GDP growth cannot absorb entrants.
Hiring has fallen to levels typical of economic downturns.
He cautions against relying on the stock market, warning a bubble could curb consumer spending and deepen a downturn.
Zandi calls for careful economic policy to avoid worsening conditions.