Top Investors Cautious on Global Outlook Due to Rising Risks

Ray Dalio is "pessimistic" about the global economy due to political tensions, high debt levels, and conflicts like Russia-Ukraine and Israel-Hamas.

Jamie Dimon is "cautious" given issues like high inflation, rising interest rates, and central banks' inaccurate forecasts.

David Solomon sees uncertainty now after the pandemic fueled an M&A boom.

Larry Fink expects more rate hikes but no recession in 2024, though one could hit in 2025 if conflicts continue.

Steve Schwarzman says we're past the peak and headed down, so 2023 may be rough before we bottom out and recover.