Two-thirds of American CFOs predict a recession by the summer of 2020, survey finds
“The survey generated responses from more than 1,500 chief financial officers, including 469 from North America, and showed that 67% of those surveyed predicted the U.S. economy would be in recession by the third quarter of 2020, and 84% believe a recession will have begun by the first quarter of 2021. Thirty-eight percent of respondents predicted a recession by the first quarter of next year.”
USAGOLD note: Report from the corporate frontline. . . . . .