Economics

Blankfein Urges ‘Dial Back’ on Negativity Over Economy

Lloyd BlankfeinPhptographer: Andrew Harrer/Bloomberg
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Lloyd Blankfein, the Goldman Sachs Group Inc. senior chairman, said people should “dial back a bit” on their negativity following a series of corporate warnings on the economy.

His comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%, and Reuters reported that the automaker’s chief executive officer told some managers he had a “super bad feeling” about the economy.