All posts tagged "Moody?S Analytics"

Investors are holding their collective breaths over President Donald Trump's sweeping tariffs that experts and consumers alike fear could plunge the economy into a recession.

CNN reporter Matt Egan declared Thursday, "Clearly the president's trade war is freaking out Wall Street. It's sending shockwaves across global markets."

Egan pointed out huge drops in future Thursday morning, with the Dow down 3%, with a nearly 4% drop in the S&P 500, and a nearly 5% drop for the NASDAQ. ...

The U.S. economy cannot digest the austerity measures forced upon it by Congress, warned a top economist at Moody’s Analytics.