TechFlow News — On March 20, according to Jinshi Data, Mark Zandi, chief economist at Moody's, said he believes the risk of a recession is "uncomfortably high" as markets react to Trump's tariff agenda.
Zandi stated, "The risk of a recession is uncomfortably high and rising. But it really depends on the president—what he does here. If Trump continues advancing his tariff plans, including reciprocal tariffs on other countries, and if these tariffs last three to five months, that would be enough to 'push the economy into recession'."
"This would be a very strange recession, right?" Zandi added. "I mean, this would be a recession by design."
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