All year, the jobs market, consumer sentiment, AI and inflation flashed warning signs about the economy — but 2025 managed to avoid a recession.

On today’s Big Take podcast, host Sarah Holder talks with Bloomberg’s Stacey Vanek Smith and Moody’s Analytics Mark Zandi to understand what this year’s wonky economy can tell us as we head into 2026 and what to watch for in the new year.

Read more: US Recession Risk Is Receding as We Move Into 2026

All year, the jobs market, consumer sentiment, AI and inflation flashed warning signs about the economy &mdash; but 2025 managed to avoid a recession.
On today&rsquo;s Big Take podcast, host Sarah Holder talks with Bloomberg&rsquo;s Stacey Vanek Smith and Moody&rsquo;s Analytics Mark Zandi to understand what this year&rsquo;s wonky economy can tell us as we head into 2026 and what to watch for in the new year.
Read more: <a href="https://www.bloomberg.com/features/2025-us-recession-risk/?srnd=undefined">US Recession Risk Is Receding as We Move Into 2026</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Wait, Weren’t We Supposed to Have a Recession in 2025?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/647dce89-8e16-49f3-ab9c-b3b4016ad18d/transcript

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