Bezos: Batten down the hatches, recession's ahead

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 to batten down the hatches. https://t.co/SwldRdms5v

— Jeff Bezos (@JeffBezos) October 18, 2022