America’s CFOs Are Warning Of A Recession. Here’s Why That’s An Important Indicator

Going further back, CFO sentiment was also relatively accurate in warning of the 2008 financial crisis: According to Duke’s

, optimism had plunged to a record low by September 2017—with pessimistic CFOs outnumbering optimists by around four to one.It’s important to remember that CFO sentiment, which helps give insight into business and consumer spending, is primarily an indicator of economic activity—rather than stock market behavior.

skleb1234 So, last year 88% were Wrong! Like 9% will change their miscalculations. Recession fears are back in full force: 97% of CFOs said that an economic downturn has already begun or will begin in 2020—up from 88% who said the same thing last year, according to Deloitte’s latest…

skleb1234 👍

skleb1234 Nah, the stock market only goes up.

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America’s CFOs Are Warning Of A Recession. Here’s Why That’s An Important IndicatorCFO sentiment can sometimes be a helpful indicator of looming market sell-offs. I thought this was Port of Verdansk from Modern Warfare. They didn’t warn us about the last one....and there was just about every indication that the economy would tank back then. There was just foolish optimism in the air.
Source: Forbes - 🏆 394. / 53 Read more »

America’s CFOs Are Warning Of A Recession. Here’s Why That’s An Important IndicatorCFO sentiment can sometimes be a helpful indicator of looming market sell-offs. I thought this was Port of Verdansk from Modern Warfare. They didn’t warn us about the last one....and there was just about every indication that the economy would tank back then. There was just foolish optimism in the air.
Source: Forbes - 🏆 394. / 53 Read more »