from Birch Gold Group:
From Peter Reagan at Birch Gold Group
Whether the U.S. is technically in a recession right now is getting less and less debatable by the day. (You already know my thoughts on the matter.)
Now, even some members of the billionaire class are issuing dire warnings. For example, founder of Amazon Jeff Bezos (estimated net worth $120bn) just warned us not only that a recession is likely, but told us to “batten down the hatches.”
For some context, he includes a clip of Goldman Sachs CEO David Solomon (net worth $85-$100mm) telling us there’s a “good chance we could have a recession.”