Economy 82% of U.S. CFOs expect a recession to have started by 2020

[japman40]

http://fortune.com/2018/12/12/cfos-recession-2020/

https://www.cfosurvey.org/press-release/recession-considered-likely-by-year-end-2019/

“All of the ingredients are in place: a waning expansion that began in June 2009—almost a decade ago—heightened market volatility, the impact of growth-reducing protectionism, and the ominous flattening of the yield curve which has predicted recessions accurately over the past 50 years,” Campbell Harvey, a director of the survey, told the Wall Street Journal.

"The biggest concern U.S. CFOs had was the tightening labor market, which makes hiring and, therefore, continuing operations and expansion more difficult. Other top worries included employee benefits cost, which would include health insurance; government policies; and economic uncertainties."

Discuss

 

[ultramanhyata]

http://fortune.com/2018/12/12/cfos-recession-2020/

“All of the ingredients are in place: a waning expansion that began in June 2009—almost a decade ago—heightened market volatility, the impact of growth-reducing protectionism, and the ominous flattening of the yield curve which has predicted recessions accurately over the past 50 years,” Campbell Harvey, a director of the survey, told the Wall Street Journal.

Discuss

@Jack V Savage

Would you take the bet against these guys?

 

[Jack V Savage]

@Jack V Savage

Would you take the bet against these guys?

I would not. We are starting to see legitimate signs of a recession on the way, though it's not certain and it's not likely to be particularly bad.

 

[gonads20]

Nobody can predict what the economy is going to do.

 

[MadSquabbles500]

They trying to swing the market in their favor. It is what they do you know.

 

[Strategery]

Savvy investors pile in when sentiment is weakest, bail when sentiment is strongest.

 

[Fugazy]

The economy can't boom forever, it's a cycle.

Just protect yourself so you can ride the waves.

 

[EradiatedHaggis]

Sadly, this is the norm. Cry doom, make a profit off the idiots that let the fear sink in.

for 2016
https://www.investopedia.com/articles/investing/071515/6-factors-point-global-recession-2016.asp
for 2015
https://www.businessinsider.com/warning-signs-of-a-us-recession-2015-10
for 2012
https://www.cbsnews.com/news/7-signs-a-recession-is-near/

 

[DEN]

http://fortune.com/2018/12/12/cfos-recession-2020/

https://www.cfosurvey.org/press-release/recession-considered-likely-by-year-end-2019/

“All of the ingredients are in place: a waning expansion that began in June 2009—almost a decade ago—heightened market volatility, the impact of growth-reducing protectionism, and the ominous flattening of the yield curve which has predicted recessions accurately over the past 50 years,” Campbell Harvey, a director of the survey, told the Wall Street Journal.

"The biggest concern U.S. CFOs had was the tightening labor market, which makes hiring and, therefore, continuing operations and expansion more difficult. Other top worries included employee benefits cost, which would include health insurance; government policies; and economic uncertainties."

Discuss

Trump's trade war wasnt misguided at all.

 

[hillelslovak87]

I bet Rome looked real pretty when Nero rebuilt it after the fire of 64.

 

[Stoic1]

I know that 87% of all statistics are completely made up.

 

[ShadowRun]

Better vote a Democrat into office in 2020 and get Trump out. I remember a lot of reports predicting how Trump would sack the economy and it's on it's way.........clownlaugh.gif

 

[Seaside]

Well it seems like an economic down term happens every decade or 7 or 8 years. Hopefully for Trump if this inevitable part of the business cycle and American empowered wall street and materialistic economy can continue to pump funny money and delay if only till after november of 2020.

 

[Prutfis]

Those 1000$ bonusses workers got will surely get them through any recession.

 

[THEfightsAREfixed]

Nobody can predict what the economy is going to do.

But you can predict that no one can predict it? You are likely wrong as well.

 

[VivaRevolution]

I like how these CFO's blame employee wages and benefits, when the boom and bust cycle is created by destroying middle class consumption, and replacing it with zero interest conjured money.

 

[DarkneT]

I’ve been watching ‘experts’ predict this shit since 2016

And by ‘experts’ I mean people trying to force a recession so they can make money

Fuck them

 

[JDragon]

Pretty sure Europe is facing a recession with Brexit and the trade war. Let's see how the U.S. will be affected.