Moody’s economist: US avoids recession if well-to-do ‘keep spending’

Moody’s Analytics main economist Mark Zandi said Tuesday the U.S. system volition apt debar a recession if the wealthiest individuals proceed to walk astatine the existent rate. In a station connected the societal level X, the main economist highlighted updated charts showing spending levels by income group, saying the caller information suggest “the U.S. economy…