The housing market is long been seen as an early warning sign for recessions, and one data point in particular has caught the attention of Moody’s Analytics chief economist Mark Zandi. In social media posts on Sunday, he noted that Moody’s own leading economic indicator that uses machine learning has estimated the odds of a recession in the next 12 …
Read More »Housing market: the ‘most critical’ variable for predicting recessions is at lowest since pandemic
