Recession Calls Grow; Mnuchin on Inflation Threat: Qatar Update
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Delegates at the second annual Qatar Economic Forum, from Tesla Chief Executive Officer Elon Musk and Nouriel Roubini to Atlas Merchant Capital’s Bob Diamond and StanChart’s Bill Winters, warned the US was heading toward a recession.
In a wide-ranging interview, Musk also left doubts about his commitment to a $44 billion takeover of Twitter. Qatar’s $450 billion wealth fund has backed that bid, and its CEO said Tuesday he believes in Musk’s leadership.