Bloomberg Markets and Finance
29 May 2026, 22:16 UTC · 1h ago
Zandi Says US Is ‘Uncomfortably Close' to Recession
Source · https://www.youtube.com/watch?v=7An6VCfUW9k
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Bloomberg Markets and Finance
29 May 2026, 22:16 UTC · 1h ago
Source · https://www.youtube.com/watch?v=7An6VCfUW9k
Read sourceSearch tags
Story key points
2 claims · impact-rated
A continued or escalating war with Iran increases the likelihood of a recession to more than 50%. — A recession forecast from a major analytics firm typically triggers risk-off sentiment and lowers equity valuations.
-0.80Further increases in oil and gasoline prices could lead consumers to significantly reduce spending. — Energy price shocks act as a tax on consumers, directly reducing discretionary spending and hurting corporate earnings.
-0.60Ticker attribution
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The company is mentioned via its chief economist providing a macroeconomic forecast, which does not inherently affect its own stock value.
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FXEmpire
5h ago
