Economics
Musk, Roubini and Goldman Warn of Rising US Recession Risk
- Warnings come as rising interest rates fuel hard landing fears
- Musk spoke with Bloomberg Editor-in-Chief John Micklethwait
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Elon Musk, Nouriel Roubini and Goldman Sachs Group Inc. have warned of a growing likelihood that the US economy will fall into recession.
Their outlooks will stoke fears of a hard landing for the world’s biggest economy as the Federal Reserve jacks up interest rates to counter the fastest pace of inflation in decades.