Amazon founder, Jeff Bezos has become the latest billionaire to warn of an inevitable recession. The billionaire echoed Goldman Sach, chief executive David Solomon’s comments.
Goldman Sach exec has earlier said, it’s time for both corporate leaders and investors, to understand the risks building up. He also told them to prepare accordingly.
Solomon said, he is expecting more volatility on the horizon. He said, there is a good chance that we have a recession in the united states.
Earlier in August, Elon Musk warned of a “mild recession” and said Inflation has picked.
Earlier, Billionaire investor Carl Icahn predicted a recession, or even worse, was likely on its way for the US economy.
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