Jeff Bezos warns of looming US recession: ‘Batten down the hatches’
Billionaire Amazon founder Jeff Bezos joined the growing chorus of business leaders who are warning the US economy is spiraling toward a debilitating recession.
Bezos provided his dire view while sharing a video of a CNBC interview with Goldman Sachs CEO David Solomon, who warned on Tuesday that he saw a “good chance” of an impending recession.
“Yep, the probabilities in this economy tell you to batten down the hatches,” Bezos said.