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If it's the start of a new bull market, CFOs aren't buying it

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57% of CFOs asked in our survey expect a recession in the second half of 2023, and 27% see a recession coming in the first half of 2024. FrankCNBC reports.

CFOs, by the nature of their position, tend to be focused on risks and less likely to go out on a limb with their predictions as a result of it. The quarterly CNBC CFO Council survey is a sampling of the views of chief financial officers at corporations across the economy, with this quarter's survey including responses from 30 CFOs gathered between March 17-March 28.fell back below 30,000 before reaching a new high.

This cautious view of the economic outlook goes with a clear, if small, shift in the balance of risks being weighed by CFOs. Both "inflation" and "Federal Reserve" policy were cited by fewer CEOs this quarter as the biggest risk their business faces, while consumer demand was cited more often. A few risks seem gone for good: for the first time in many quarters, no CFO cited the Russia-Ukraine war or Covid as a top concern.

 

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FrankCNBC Can you please show some episode of legendary story teller and musk competitor for presidency , the great cathy wooods? I want to hear some new and exciting science fiction short stories.

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