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Moody's Predicts Short, Mild Recession and a Democratic Presidential Victory

NASHVILLE, Tenn. -- Yes, Virginia, there is a recession, said Moody's Economy.com's Director of Macroeconomics Gus Faucher in an exclusive interview with Credit Union Times prior to his presentation at ACUMA's Annual Spring Conference here. The good news is that it will be short and mild, with gross domestic product...

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NASHVILLE, Tenn. — Yes, Virginia, there is a recession, said Moody’s Economy.com’s Director of Macroeconomics Gus Faucher in an exclusive interview with Credit Union Times prior to his presentation at ACUMA’s Annual Spring Conference here. The good news is that it will be short and mild, with gross domestic product picking up again in the latter part of the year.

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