Top Business Leaders Warn of Looming US Recession in 2023
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Jamie Dimon, Elon Musk, Ray Dalio and others have recently warned about risks of a US recession.
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Factors concerning the experts include higher interest rates, high debt levels, geopolitical tensions, and weakening consumer finances.
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Many anticipate a recession hitting in 2023, with uncertainty around how mild or severe it may be.
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Leon Cooperman believes recession will come in the next few quarters due to multiple economic challenges.
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Experts foresee potential crises if economic and geopolitical problems are not resolved.