Moody's economist Mark Zandi walks back his comment on Trump being 'disastrous' for the economy

Reuters/William Philpott Before the election, the high-profile Moody’s economist Mark Zandi said the election of Donald Trump would be disastrous for the economy. About 3.5 million Americans would lose their jobs, unemployment would jump back up to 7%, home prices would fall and the stock market would plummet, he predicted. He certainly convinced his own family. He was in London on election night, he told the Urban Land Institute's New York chapter Thursday, and he was awakened at 5 a.m. by hi...