Jeff Bezos, Elon Musk, and Ken Griffin are sounding the alarm on a US recession. Here are 12 dire economic warnings from elite commentators. Amazon Alexa is a “colossal failure,” on pace to lose $10 billion this year Jeff Bezos, Elon Musk, and Charlie Munger have flagged the risk of a US recession. Carl Icahn, Jamie Dimon, and Ken Griffin are also bracing for a painful economic downturn. Here are 12 recession warnings from top executives, investors, and academics. Jeff Bezos, Elon Musk, and Ken Griffin have sounded the alarm on a looming US recession, joining a chorus of CEOs, investors, and academics predicting a prolonged economic downturn. Carl Icahn, Jamie Dimon, and Charlie Munger are also bracing for the economy to shrink and unemployment to spike. These experts have flagged numerous growth headwinds, including the Federal Reserve hiking interest rates to cool red-hot inflation, and the Russia-Ukraine war and China's ongoing lockdowns disrupting global trade. Here are 12 recent recession warnings, lightly edited for length and clarity: 1. Jeff Bezos, Amazon's founder and executive chairman: "The economy does not look great right now. Things are slowing down, you're seeing layoffs in many, many sectors. The probabilities say if we're not in a recession right now, we're likely to be in one very soon. Take as much risk off the table as you can. Hope for the best, but prepare for the worst." "The probabilities in this economy tell you to batten down the hatches." 2. Elon Musk, CEO of Tesla, SpaceX, and Twitter: "There's going to be probably a year or two of serious recession." "Frankly, the economic picture ahead is dire, especially for a company like ours that is so dependent on advertising in a challenging economic climate." 3. Ken Griffin, CEO of Citadel: "For the Fed to truly conquer inflation here, we're going to put unemployment somewhere in the mid-4% range. I find it hard to believe we're not going to have a recession at that point in time, sometime in the middle to back half of 2023." 4. Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway: "I think the Fed is willing to have a little recession in order not to have out-of-control inflation. That's what they're supposed to do. They're supposed to be the one guy at the party that doesn't hang around the punch bowl getting drunk." 5. Carl Icahn, chairman of Icahn Enterprises: "Whenever you have higher interest rates that have moved as they have here, you have an inverted yield curve, Treasuries at close to a 5% yield — you are going to have a recession. And I think we do have a recession already. There's a lot of things that have to happen to turn this economy around, to get us out of a recession." 6. Jamie Dimon, CEO of JPMorgan: "There's a possibility of a mild recession. Consumers are in very good shape, companies are in very good shape. And there's a possibility of something worse, mostly because of the war in Ukraine and oil price and all things like that." 7. David Solomon, CEO of Goldman Sachs: "Generally, when you find yourself in an economic scenario like this, where inflation is embedded, it's very hard to get out of it without a real economic slowdown. The US is most likely going to have a recession." 8. Jeff Gundlach, DoubleLine Capital CEO: "Recession is easily 60% in the next six-to-eight months, and for the year 2023, I'd put it at more like 80%." 9. Leon Cooperman, CEO of Omega Advisors: "The combination of Fed tightening, quantitative tightening, a strong dollar, and the price of oil will create a recession in the second half of 2023. We've pulled forward demand because of very inappropriate fiscal and monetary policies, and ultimately a price is going to be paid." 10. Greg Jensen, co-CIO of Bridgewater Associates: "We are expecting a much bigger recession than the markets are expecting. 2023 will likely be the year of a very significant global recession." "You probably won't see the bottom of the equity markets until they begin easing, six to seven months from now. You probably won't see the end of the bottom of the economy for another nine months or so after that." 11. Nouriel Roubini, NYU Stern economist known as "Dr. Doom": "History suggests it's going to be near mission impossible to avoid a hard landing. You're going to get not only inflation, not only a recession but what I call the 'Great Stagflationary Debt Crisis.' So it's much worse than the '70s, and it's probably as bad as during the Global Financial Crisis." 12. Ken Rogoff, Harvard economist: "You really have to look at the world, which is in bad shape. It's very hard for the United States to resist that. I worry that not only are we going to get a mild recession, I think the chances that we get a significant recession are really pretty high." Layoffs reportedly hit the Alexa team hard as the company's biggest money loser. #jeffbezos #jeffbezosamazon #amozon #elonmusk #recession