Interview Only w/ Mark Zandi - Will Trump’s Tariffs Drive The Economy Into Recession?

In this podcast, Chuck Todd interviews Mark Zandi from Moody's Analytics about the current state of the U.S. economy. Zandi explains that the economy is uneven, benefiting those in the top income bracket more than those in the bottom two-thirds. They discuss indicators of a potential consumer pullback, the impact of government job losses, and the role of AI in the job market and wealth creation. They also explore whether the AI boom is a bubble, the impact of tariffs, rising gold prices, and the challenges in the real estate market. Zandi and Todd address the potential risks to the U.S. economy if it loses its status as a safe haven and the impact of domestic politics and global forces, such as China's economy, on the U.S. economy. They also touch on the potential for economic improvement in the latter half of the next year due to fiscal and monetary stimulus.