Moody’s Economist Zandi Changes Mind, Doesn’t See Recession Due to Trump

President Donald Trump isn’t the only one apparently flip-flopping and changing his mind.

Economist Mark Zandi predicted in June that if he were elected president, Trump’s policies would kill economic growth, cause a “lengthy recession” and spark a surge in unemployment.

Zandi, of Moody’s Analytics, recently admitted on CNBC that current conditions and data show an economy neither overheating nor displaying signs of financial weakness.

Trump’s detractors, a camp in which Zandi was last year, are “overly pessimistic,” he said.

Zandi and his team figured that the Republican’s policies would result in 3.5 million fewer jobs and an unemployment rate that would zoom to 7 percent, explained.

However, Zandi’s tone seemed to lighten in a new analysis issued Tuesday,

“The reality regarding the economy’s performance is not nearly as good as Trump supporters believe nor as bad as claimed by Trump detractors,” he wrote.

“Nothing much has changed for



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