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Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy

Lloyd Blankfein's comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%.

Goldman Sachs Group Inc. senior chairman Lloyd Blankfein said people should “dial back a bit” on their negativity following a series of corporate warnings on the economy. (Photo: Bloomberg)
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Goldman Sachs Group Inc. senior chairman Lloyd Blankfein said people should “dial back a bit” on their negativity following a series of corporate warnings on the economy. (Photo: Bloomberg)

Jim Silver | Bloomberg
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. 

Executives from JPMorgan Chase & Co.’s Jamie Dimon to Citigroup Inc.’s Jane Fraser and Gary Friedman, head of furniture retailer RH, this week cautioned investors to be wary of an economic downturn. Last