Skip to main content
Back to Top
Speak to a specialist 800-576-9355

CNBC: Jeff Bezos is the Latest to Warn on the Economy, Saying It's Time to 'Batten Down the Hatches'

October 19, 2022
Recession Market Crash

Article by Jeff Cox in CNBC financial website

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.

To read this article in CNBC website in its entirety, click here.

Secure Your Retirement with Gold

Free 2022 Gold Kit
Gold Kit
By clicking the below button, you agree that Lear Capital can contact you at the e-mail and telephone number provided (including autodialed/auto-selected and prerecorded calls or text/SMS messages) with marketing offers. Msg. and data rates apply. Your consent to such contact is not required for purchase.
We respect your Privacy