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Jeff Bezos and Other Billionaires Issue Recession Warnings

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Jeff Bezos and Other Billionaires Issue Recession Warnings

Jeff Bezos and Other Billionaires Issue Recession Warnings

Jeff Bezos and Other Billionaires , Issue Recession Warnings.

CNN reports that Bezos took to Twitter on Oct.

18 to post his warning.

Elon Musk touched on the possibility of a recession as well during a call with analysts on Oct.

19.

While he claimed that Tesla has "excellent" demand for next quarter and operations are running at top speed.

Musk warned that the company wouldn't hit its sales growth target.

He also said that Europe and China are going through a "recession of sorts.".

Tesla shares fell 7% in early trading on Oct.

20.

Other than Bezos and Musk, JPMorgan Chase CEO Jamie Dimon also said a recession could affect America in six to nine months.

.

Celebrities have even chimed in to give their opinions about the economy.

The economy sucks.

I’m just worried about next year and how bad the recession’s gonna be, Gwyneth Paltrow, to 'The Hollywood Reporter'.

How are people surviving?

I want to know, Cardi B, via Instagram Live


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