This Survey Should Terrify Trump

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Duke University’s latest CFO survey has almost 70% of them predicting a recession by the end of 2020

. If the economy does weaken over the next 12 to 18 months and Duke’s CFO survey is correct, the most important issue that President Trump is running on could weaken substantially.Business investment spending in the U.S. generates about 15% of total GDP. While it is substantially less than consumer spending of almost 70%, companies impact consumer spending by their hiring plans and how large raises are. If CFOs react to their recession outlook, a downturn could become a self-fulfilling prophecy.

The survey shows that, “Nearly half of U.S. CFOs believe that the U.S. will be in recession by the second quarter of 2020, and 69 percent believe that a recession will have begun by the end of next year. The results are consistent with last quarter’s survey in which 67 percent of CFOs predicted recession by the third quarter of 2020.”Some of the key findings from the June 2018 and 2019 surveys show CFOs are forecasting lower growth in almost all the surveyed categories.

 

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gtconway3d Thank you Don the Con...

gtconway3d He can’t read. Sad!

morgfair Why don’t you & business leaders give in and admit Democrats are Far Better managers than greedy incompetent Republicans? Oh right, Greed...

morgfair The Democrat will have to save the economy. ONCE AGAIN !

bankrupting casino and..... His 'base' isn't going to be happy.

gtconway3d Duhhhhh🤦‍♂️

Kris_Sacrebleu Just in time for trump to blame democrats

gtconway3d I'd say before 2020

gtconway3d The real estate recession already started Q4 2018.

gtconway3d Trump is not well. He looks more bloated in each photo.

gtconway3d One can only hope right Jorge. KellyannePolls can you send this guy on a vacation. Or give him some attention. He is screaming for help.

gtconway3d Which of course, tRump will blame the newly elected Demorat President for!

PhDnotMD Can we have it in October? Thanks.

gtconway3d We know how this will work out

gtconway3d Well, you have a small group of imbeciles running the economy and stealing all they can from it. What else would you expect?

gtconway3d

gtconway3d Trump knows a recession coming. That is why he is bashing the FED for 6-9 months. Getting in front of it to divert from tariffs.

Bad news for the radical right. Good news for the citizens of America.

And when a D is elected president in 2020 we will immediately begin hearing the Rs blame the Ds for the sad state of the economy. Just like they did in 2010.. and the beat goes on.

gtconway3d It better hit before Election Day.

gtconway3d Thx Trump.

gtconway3d That would be too late

gtconway3d And then Republicans will try to blame it on the next President who will undoubtedly be a Democrat. Getting tired of this shyte.

gtconway3d Sure, don’t forget that unnecessary tax cut for the 1% and big companies

And when a D is elected president in 2020 we will immediately begin hearing the Rs blame the Ds for the sad state of the economy.

gtconway3d Just in time for the Democrats to inherit it, fix it then get blamed for it. Where have we seen this before?

Any predictions on the end of the MuslimBan?

Fake news

This has been the longest bull markets in history - a correction of some type in inevitable.. if one of those free everything (of course we know its not) things will likely change.

新自由主義経済の代償として、保護貿易が台頭。結果、景気後退が加速し、貧者は更に貧じるという悪循環。

Some form of a recession typically happens after the bull market we are experiencing. No one can stop it.

....followed by a recovery.

We’re due

You guys are posting a lot of fake news these days. Maybe you should hire some new writers. Just say NO to publishing FakeNews

If you wish really hard, your FAKENEWS *still* wont come true!🤣

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