5 ms·
"Krugman isn’t alone in seeing a gloomy outlook for the world’s biggest economy. U.S. chief financial officers in a Duke University survey published in December
by throwaway5752 8y ago
"Krugman isn’t alone in seeing a gloomy outlook for the world’s biggest economy. U.S. chief financial officers in a Duke University survey published in December overwhelmingly said they expect a recession within two years."
edit: https://www.cfosurvey.org/wp-content/uploads/2018/12/Q4-2018-US-KeyNumbers.pdf https://www.cfosurvey.org/wp-content/uploads/2018/12/Q4-2018...
"Nearly half (48.6%) of US CFOs believe that the US will be in recession by the end of 2019
and 82% believe that a recession will have begun by the end of 2020. CFOs are even more
pessimistic in most other regions of the world: Africa (97% believe that a recession will have begun no later than year-end 2019),
Canada (86%), Europe (66.7%), Asia (54%), Latin America (42%)"
- refurb 8y agoGiven that we've had a 10 year bull run in the stock market, predicting a recession in the near future isn't exactly a risky bet.
- throwaway5752 8y agoYou would think so, but there was a pronounced movement lower in the PDF I linked to in sentiment in the last two quarterly survey results.