‘Awfully high’ risks of a Global Recession in the next 12-18 months, Moody’s chief economist says!!!!
KEY POINTS:
Avoiding a recession requires many factors to “stick to script” at the same time, says Mark Zandi, chief economist of Moody’s Analytics.

That includes U.S. President Donald Trump not escalating the tariff war with China, the U.K. finding a resolution to Brexit and central banks continuing their monetary stimulus, he says.

The International Monetary Fund, in its World Economic Outlook report released on Tuesday, cut its forecast for global growth once again.