Gary Shilling says he sees a 60% to 70% chance of a US recession in the next year, pointing to red flags waving among American consumers.
Legendary economist Gary Shilling says consumer signals point to a recession in the next 12 months
By
Jennifer Sor
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"Stable but elevated" isn't something you want to hear in a medical checkup, or in a recession likelihood outlook.
"If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid," Zandi said.
Moody’s own leading economic indicator that uses machine learning has estimated the odds of a recession in the next 12 months are…
Consumer confidence has dropped below key thresholds, challenging Fed policymakers and Wall Street’s bullish market view.
With the economy facing many threats, it wouldn't take much to push it into recession, Mark Zandi warns.
$1,508,741 has traded on "US recession by end of 2026?" as of May 26, 2026. View real-time odds or trade on The World's Largest…
