Economy may be slowing, but recession unlikely: economists [MSN Money]
Moody's Corporation (MCO)
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Source: MSN Money
Economy may be at slowest pace of Trump term, but recession is not likely this year — economists © Provided by CNBC LLC Worri about a global recsion were fed this week by the 08 GDP report from China, showing the slowt annual growth rate in nearly three decad, at 6.6 perct. High profile invtors, like Bridgewater founder Ray Dalio, are also warning of a recsion from the World Economic Forum in Davos, Switzerland. The U.S. economy, meanwhile, seems to have slowed, though economists do not have as much data as usual because of the governmt shutdown. However, housing data for December showed a sharp drop off in home sal to a three-year low while consumer stimt fell to 90.7, its lowt level since October 06. Industrial production was strong, but ISM manufacturing activity fell to a two-year low. Load Error "It just shows how fragile things are. If we don't have recsion this year, the odds are high that we'll have one in the next few years.," said Mark Zandi, chief economist at Moody's
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- MCO's page on the SEC website