Moody’s recession model hits 49%, the last time it sat this high outside of an actual recession was September 2007. The Fed’s worst nightmare is getting worse. System looks stable until it doesn’t, 2008 veteran warns blind spots can hide the next crisis

BREAKING: A recession model that has predicted every single US downturn in 80 years just hit 49%. The threshold is 50%. Every time it has crossed that line, a recession followed within 12 months. No exceptions. And the data behind …

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