Goldman CEO warns of potential recession, says 'it's time to be cautious'
Goldman Sachs CEO David Solomon said on Tuesday there's a "good chance" that the US economy falls into a recession. "It's a time to be cautious...and I think if you're running a risk-based business, it's a time to think more cautiously about your risk box," Solomon added. Last Monday, JPMorgan Chase CEO Jamie Dimon also warned of a potential recession.