'Very, very high' risk of recession, warns Lloyd Blankfein of Goldman Sachs

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'Very, very high' risk of recession, warns Lloyd Blankfein of Goldman Sachs
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'If I was a consumer, I’d be prepared for it,' Blankfein says in a new interview.

There’s “a very, very high risk factor” that the U.S. is headed for a recession, Goldman Sachs Group Inc. GS, +2.53% Senior Chairman Lloyd Blankfein warned Sunday.

““If I were running a big company, I would be very prepared for it. If I was a consumer, I’d be prepared for it. But it’s not baked in the cake.””

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