The U.S. economy could be facing its toughest test yet. UBS warns of recession odds as high as 93%—citing weak spending, income, production, and job markets. Moody’s economist Mark Zandi echoes that the country is perched on a precipice, with sluggish job growth and nearly two-thirds of states facing recessionary pressure or stagnation. Bank of America adds another layer with stagflation fears tied to tariffs and immigration policy. Each warning builds a picture of an economy not collapsing—but far from secure—and one that could drag global markets down if recovery doesn’t arrive soon.
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