#markzandi — Public Fediverse posts

Here’s the inflation breakdown for June 2026 — in one chart

A driver refuels a vehicle with regular gasoline in Wilmington, North Carolina, US, on Wednesday, July, 1, 2026.…
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https://www.newsbeep.com/us/762742/

Top Economist Warns The US Economy ‘Isn’t Just Soft, It’s Struggling’ As Trump’s Iran War Threatens To Push America Closer To A Recession

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Moody’s…
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https://www.newsbeep.com/us/679515/

Home - CBSNews.com | The Iran war's economic hit could linger through 2026, economists say

AI generated summary, Read the full article for complete information.

In the eight weeks since the Iran war began, the conflict has pushed U.S. gasoline prices above $4 a gallon, driven Brent crude up 44% to $105 a barrel, and lifted inflation to its highest level in nearly two years, prompting economists to warn of lingering economic damage. Disruption of oil flow through the Strait of Hormuz has raised energy costs, which are expected to stay above pre‑war levels throughout 2026, dampening consumer purchasing power, inflating grocery and travel expenses, and potentially trimming U.S. GDP growth by about 0.3 percentage points this year. While higher‑income households have kept spending resilient, broader economic headwinds—rising energy prices, AI‑related job cuts, and ongoing tariff uncertainty—are likely to keep inflation elevated and strain the broader economy for months to come.

Read more: https://www.cbsnews.com/news/iran-war-economic-impact-gas-prices-inflation-2026/

#MarkZandi #Moody'sAnalytics #Fed #Trumpadministration #Iran

AI generated summary, Read the full article for complete information.

Stocks have touched record highs despite Iran war. Here’s why

Traders work at the New York Stock Exchange on April 16, 2026. NYSE U.S. stocks climbed to …
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https://www.newsbeep.com/487619/

Global economic optimism dims as the Iran war drags on

W…
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https://www.newsbeep.com/458141/

Moody’s says a US recession is increasingly ‘hard to avoid’ amid Iran war

The influential financial firm Moody’s warned that their leading AI-based economic model put the probability of a US…
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https://www.newsbeep.com/us/531238/

from #MarkZandi

this is the worst way to gauge a strong economy. when “homes are up”, people who don’t own a home are poorer, will shell out more to buy or rent shelter.

when “stocks are up” — trade at higher valuations — the public will be squezed for profits to ratify nosebleed share prices.

these prices are “wealth” to individual assetholders, but they are often the opposite of wealth in a substantive sense of wellness to society as a whole.