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82% of CFOs believe we enter a recession in 2019/2020

Posted on 3/20/19 at 9:06 am
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/20/19 at 9:06 am
Nearly half (48.6 percent) of U.S. CFOs believe that the nation's economy will be in recession by the end of 2019, and 82 percent believe that a recession will have begun by the end of 2020.

LINK

SIAP I searched
This post was edited on 3/20/19 at 9:07 am
Posted by Taxing Authority
Houston
Member since Feb 2010
57202 posts
Posted on 3/20/19 at 9:07 am to
Whishin’ and hopen’, eh?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73559 posts
Posted on 3/20/19 at 9:07 am to
These are the same CFOs that said DJT winning would collapse the economy
Posted by NIH
Member since Aug 2008
112610 posts
Posted on 3/20/19 at 9:08 am to
quote:

Difficulty hiring and retaining qualified employees remains the most-cited concern among CFOs, though the 47 percent of CFOs calling it a top-four concern is down six points from the two-decade high last quarter.

Other top concerns include the cost of employee benefits, government policies, and economic uncertainty.


clearly we need more regulations and taxes
Posted by Damone
FoCo
Member since Aug 2016
32697 posts
Posted on 3/20/19 at 9:08 am to
Democrats desperately want the economy to collapse because Trump.
Posted by Taxing Authority
Houston
Member since Feb 2010
57202 posts
Posted on 3/20/19 at 9:09 am to
quote:

Difficulty hiring and retaining qualified employees remains the most-cited concern among CFOs
Posted by NIH
Member since Aug 2008
112610 posts
Posted on 3/20/19 at 9:09 am to
They'd rather rule over rubble than see the economy or nation do well
Posted by 9th life
birmingham
Member since Sep 2009
7310 posts
Posted on 3/20/19 at 9:10 am to
i dont think this is some kind of secret. our FR was advising us of this back in 2017.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/20/19 at 9:10 am to
quote:

These are the same CFOs that said DJT winning would collapse the economy


If we do enter a recession in 2019/2020.. wouldn't they be right?
Posted by NIH
Member since Aug 2008
112610 posts
Posted on 3/20/19 at 9:11 am to
what economic reform would you like to see?
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/20/19 at 9:11 am to
quote:

clearly we need more regulations and taxes


Less taxes and better regulations
Posted by HempHead
Big Sky Country
Member since Mar 2011
55446 posts
Posted on 3/20/19 at 9:12 am to
quote:

If we do enter a recession in 2019/2020.. wouldn't they be right?



Based on that article; no. Other than a clause about growth-limiting protectionism, it seems like most of the prediction has more to do with a global recession than it does with any singular policy within the US.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73559 posts
Posted on 3/20/19 at 9:13 am to
quote:

If we do enter a recession in 2019/2020.. wouldn't they be right?


Sure but the have been right about nothing the past years?

You dont think severe TDS plays a role in this ridiculous article
Posted by NIH
Member since Aug 2008
112610 posts
Posted on 3/20/19 at 9:13 am to
what regulations?
Posted by Taxing Authority
Houston
Member since Feb 2010
57202 posts
Posted on 3/20/19 at 9:13 am to
quote:

Difficulty hiring and retaining qualified employees remains the most-cited concern among CFOs
You know a republican is the president when too much hiring demand is slanted as a bad thing.
Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12094 posts
Posted on 3/20/19 at 9:13 am to
So you agree that electing a democrat House will have negative consequences?
Posted by Seldom Seen
Member since Feb 2016
40038 posts
Posted on 3/20/19 at 9:14 am to
Fake Polls!
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40080 posts
Posted on 3/20/19 at 9:15 am to
quote:

Difficulty hiring and retaining qualified employees remains the most-cited concern among CFOs


This always blows my mind. Companies can keep their great talent for sometimes a bump of no more than 10k in salary.

Instead, they let IP walk out the door and spend 30k on onboarding and retraining that will take years to get back to the level of the talent they let walk out the door.
Posted by PsychTiger
Member since Jul 2004
98922 posts
Posted on 3/20/19 at 9:15 am to
quote:

Other top concerns include the cost of employee benefits, government policies, and economic uncertainty


Dems being in control of the House is what creates the uncertainty, as they are anti-business. If a Dem defeats Trump than I fully expect the stock market to drop precipitously the next day.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/20/19 at 9:15 am to
quote:

Based on that article; no. Other than a clause about growth-limiting protectionism, it seems like most of the prediction has more to do with a global recession than it does with any singular policy within the US.


Well the trade wars and disrupting established trade deals certainly didnt help
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