Mark Zandi of Moody's Analytics discussed the current economic landscape on CNN, highlighting concerns that President Trump's policies could lead to a self-induced recession. He emphasized that the economy started 2023 very strong, but rising risks are fed by ongoing tariff wars and uncertainty over the administration's direction. Zandi noted that if current tariff discussions progressed, especially with reciprocal tariffs, they might trigger a recession in the coming months. He characterized the potential recession as unusual, being 'by design' rather than a natural economic downturn.
If he continues to push on the tariffs, like...there's a lot of talk about reciprocal tariffs...if that actually happens....I think that's enough to push the economy into recession.
This would be a really weird recession, right? I mean, it's recession by design. The economy came into the year rip-roaring.
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