## Economic Warning Signs: Top CEOs Sound the Alarm
A number of prominent financial leaders are expressing concerns about the current state of the U.S. economy. Here’s a breakdown of their worries:
- Softening Signals: CEOs from Goldman Sachs, JPMorgan Chase, Wells Fargo, and others are reporting signs of economic “softening” or “weakening.”
- Job Data Revisions: The U.S. Bureau of Labor Statistics (BLS) revised its nonfarm payrolls data, showing a significant drop in job numbers, adding to concerns.
- Inflation and Tariffs: CEOs are acknowledging the impact of inflation and tariffs on economic growth, though the extent is difficult to quantify.
- Interest Rate Expectations: Many executives anticipate the Federal Reserve (Fed) will lower interest rates in the near future, with some expecting a cut at the upcoming meeting.
- Consumer Struggles: Wells Fargo’s CEO highlights the struggles of lower-income Americans, creating a dichotomy with higher-income consumers.
- Policy Uncertainty: Some CEOs are noting the impact of policy uncertainty on the economy, but also seeing signs of it narrowing.
- Labor Market Concerns: CEOs are pointing to underlying pressures in the economy, including labor shortages and wage pressures.
For more details, you can read the original article [here]([insert article link here]).
Source: https://www.cnbc.com/2025/09/11/solomon-dimon-pick-ceos-economy.html