https://external-preview.redd.it/75i3EwGwS7snvFU3KZRacuNrmiv2VeHkOwBPOLm_PoE.jpg?auto=webp&s=46b5f7bb01956da68957dea0420a8743d2b2f37e
* Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead.
* “Yep, the probabilities in this economy tell you batten down the hatches,” Bezos said in a comment related to Goldman Sachs CEO David Solomon’s CNBC interview.
Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead.
In a tweet posted Tuesday evening, the former president and CEO of the online retailing giant echoed comments that Goldman Sachs Chief Executive David Solomon made to CNBC earlier in the day.
“Yep, the probabilities in this economy tell you batten down the hatches,” Bezos said in a comment attached to a clip of Solomon’s “Squawk Box” interview.
https://preview.redd.it/pqrx6v43ssu91.png?width=600&format=png&auto=webp&s=a3c2daca4d4b6a1cd3fb84e0fbf673571c0ef7a0
Solomon, the head of the Wall Street financial giant, said it’s time for both corporate leaders and investors to understand the risks building up, and to prepare accordingly.
Solomon spoke after his firm had just posted quarterly earnings results that beat Wall Street estimates. Yet he said a recession could be looming as the economy deals with persistently high inflation and a Federal Reserve trying to lower prices through a series of aggressive interest rate increases.
Full article: [https://www.cnbc.com/2022/10/19/amazon-founder-jeff-bezos-warns-its-time-to-batten-down-the-hatches.html](https://www.cnbc.com/2022/10/19/amazon-founder-jeff-bezos-warns-its-time-to-batten-down-the-hatches.html)
Amazon founder Jeff Bezos warns the US economy may slump into a recession and says people should brace for a painful downturn. Do you agree that we’re headed for a recession? Or we’re in it already and headed for more?
View Reddit by predictany007 – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Time for more rocket ships and cowboy hats
Yellen said the economy is strong on 10/11. She would never lie and she’s smart so what is bezo’s talking about? (Probably all the boomers that watch cnn)
I guess people are not renewing their prime memberships
Everyone is scared, they can take my car, home, stuff, but they can’t take my limbs and freedom !!!
Is this a conspiracy to frighten the peons into curtailing their spending, thus tossing us into a self-fulfilling recession?
Is that a mega-yacht phrase?
What the fuck is batten?
Black Friday Amazon sale: all hatches 50% off
Well, he did just burn through a billion dollars on Rings of Power.
of his super yacht…
>I think it’s safe to say that we’re in for a recession, and it’s likely going to be a painful one. Corporate leaders and investors need to be aware of the risks and take steps to protect themselves accordingly.
DC isn’t stupid they know the best way to avoid a recession is to change the definition. Rates aren’t going anywhere but up, don’t get raped during this bull trap.