65% of U.S. CFOs think U.S. trade policy will be negative for their businesses over the next six months, according to the latest quarterly CNBC Global CFO Council survey released Friday.The CNBC Global CFO Council represents some of the largest public and private companies in the world, collectively managing more than $5 trillion in market value across a wide variety of sectors.
Chief financial officers also downgraded their view of the U.S. economy, from "improving" to "stable." While at a macro level it's easy to understand the motivation behind the recent policy changes, I can't find a single CFO who has told me it would be a positive for his or her business.McCullough noted that his networking group offers an online forum for more than 1,100 chief financial officers to discuss issues of importance to their business.
cabaum1 this is a long term issue that's not gonna be solved by a short term agreement. It's an economic cold war that's gutted the US in the name of profits. And weakened our national security Trade transfers and intellectual property theft have helped do that.
ManuOrtizOlave optimism?!
Of course not. They know Trump has no credibility and frequently reverses direction at the drop of a MAGA hat. There is no assurance possible.