‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy

Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already living on the financial edge,” the chief economist for Moody’s Analytics told Fortune. If they start to pull back, that’s “fodder for a recession.” The stark assessment comes as hiring has stalled, unemployment is rising...