Economy may be at slowest pace of Trump term, but recession is not likely this year — economists [CNBC]
Moody's Corporation (MCO)
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Source: CNBC
Economy may be at slowest pace of Trump term, but recession is not likely this year, economists say Yuri Gripas | Reuters President Donald Trump speaks in the Oval Office of the White House, January 19, 2019 The U.S. economy is likely growing at the slowest pace since President Donald Trump took office, but it is not yet heading for a recession as some fear, economists said Worries about a global recession were fed this week by the 2018 GDP report from China, Ray Dalio, are also warning of a recession The U.S. economy, meanwhile, seems to have slowed, though economists do not have as much data as usual because of the government shutdown. However, housing data for December showed a sharp drop off in home sales to a three-year low while consumer sentiment fell to 90.7, "It just shows how fragile things are. If we don't have recession this year, the odds are high that we'll have one in the next few years.," said Mark Zandi, chief economist at Moody's Analytics. " I think we'll navigate t
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MCO
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MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website