Jeff Bezos is the latest to warn on the economy, saying it's time to 'batten down the hatches'

Amazon laminitis Jeff Bezos has go the latest firm person to pass astir the authorities of the economy, cautioning that rougher times are apt ahead.

In a tweet posted Tuesday evening, the erstwhile president and CEO of the online retailing elephantine echoed comments that Goldman Sachs Chief Executive David Solomon made to CNBC earlier successful the day.

"Yep, the probabilities successful this system archer you batten down the hatches," Bezos said successful a remark attached to a clip of Solomon's "Squawk Box" interview.

Solomon, the caput of the Wall Street fiscal giant, said it's clip for some firm leaders and investors to recognize the risks gathering up, and to hole accordingly.

Solomon spoke aft his steadfast had just posted quarterly net results that bushed Wall Street estimates. Yet helium said a recession could beryllium looming arsenic the system deals with persistently precocious ostentation and a Federal Reserve trying to little prices done a bid of aggressive involvement complaint increases.

"I deliberation you person to expect that there's much volatility connected the horizon," Solomon said. "Now, that doesn't mean for definite that we person a truly hard economical scenario. But connected the organisation of outcomes, there's a bully accidental that we person a recession successful the United States."

Fed officials person besides been informing that a recession is imaginable arsenic a effect of the monetary argumentation tightening, though they anticipation to debar a downturn. Policymakers successful September estimated that gross home merchandise would turn conscionable 0.2% successful 2022 and rebound successful 2023, but to lone 1.2%. GDP contracted successful some the archetypal and 2nd quarters this year, gathering a commonly held explanation of a recession.

There person been mixed signals lately from firm leaders.

JPMorgan Chase CEO Jamie Dimon has been informing of troubles ahead, saying precocious that the concern is "very, precise serious" and that the U.S. could gaffe into recession successful the adjacent six months.

However, Bank of America CEO Brian Moynihan told CNBC connected Monday that recognition paper information and related accusation amusement that user spending has held up.

"In the existent environment, the user is rather bully and strong," helium said connected "Closing Bell."

Moynihan acknowledged that the Fed's efforts could dilatory the economy, but noted that "the consumer's hanging successful there."