2 Recent Corporate CFO Surveys Now Predicting US Recession Is Here or Imminent

More than half of U.S. businesses expect a recession to occur in 2020, coinciding with the timing of the presidential election, according to fourth-quarter results from the Duke University/CFO Global Business Outlook. More than half (52%) of U.S. CFOs believe the U.S. will be in an economic recession by the end of 2020, and 76% predict a recession by mid-2021.

CFO Survey: Half of US CFOs Expect Recession in 2020 As Election Looms www.fuqua.duke.edu/duke-fuqua…

Deloitte CFO Signals™ Survey: Ninety-Seven Percent of CFOs Say A Downturn Has Either Already Begun or Will Begin in 2020 finance.yahoo.com/news/deloit…

77% Of CFOs Say Stock Market Is Overvalued Even As They Order Record Stock Buybacks www.zerohedge.com/markets/77-…

Fed policy is in a ‘good place’ but will remain flexible on rates and repo, vice chairman says www.cnbc.com/2020/01/09/clari…